Summary by Futu AI
Nokia Corporation announced the transfer of 12,567,829 of its own shares to participants of the company's equity-based incentive plans on October 31, 2024. This action was executed without consideration and in accordance with the plan rules, following a resolution by the Board of Directors made on October 4, 2023. After the transfer, Nokia holds 177,840,080 of its own shares. The transfer is part of Nokia's commitment to fulfilling its obligations under the incentive plans. Nokia, a leader in B2B technology innovation, is known for pioneering advanced networks and creating value through intellectual property and research, notably from Nokia Bell Labs. The company emphasizes the importance of secure, reliable, and sustainable networks for service providers, enterprises, and partners globally.