Nokia transfers shares for incentive programs
Nokia Oyj has transferred over 43 million of its own shares in accordance with the terms of its share-based incentive programs. The number of treasury shares held by the company has significantly decreased.
Espoo – Nokia Oyj announced today the transfer of 43,552,813 treasury shares to individuals participating in the company's share-based incentive programs. The shares were transferred as consideration for fulfilling program conditions.
The transfer is based on a board resolution from October 2, 2025, aimed at meeting obligations related to these incentive schemes. This action is part of the company's strategy to align employee and management compensation with its performance.
Following this transaction, Nokia's total number of treasury shares will be reduced to 88,583,624. This adjustment reflects the company's ongoing use of equity as a component of its executive compensation structure.
Nokia is a technology leader in AI-era network solutions. Its expertise spans fixed, mobile, and transport networks, aiming to enable next-generation network solutions for a better world.