Summary by Futu AI
Nokia Corporation (Nokia Oyj) announced on August 15, 2024, that it has completed the transfer of 1,899,036 of its own shares to participants of its equity-based incentive plans. This transfer was executed without consideration, in line with the terms of the incentive plans and follows a resolution made by the Board of Directors on October 4, 2023. After the transfer, Nokia holds 152,615,554 of its own shares. The company emphasized its role as a B2B technology innovation leader, focusing on networks that are capable of sensing, thinking, and acting, and highlighted the trust placed in it by service providers, enterprises, and partners globally. Nokia also noted its commitment to creating value through intellectual property and long-term research, spearheaded by the Nokia Bell Labs.