Copyright © 2021. Inderes Oyj. All rights reserved.

Nokia Corporation
Stock Exchange Release
21 September 2022 at 21:00 EEST

Nokia Corporation: Repurchase of own shares on 21.09.2022

Espoo, Finland – On 21 September 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*
XHEL395,1364.58
CEUX36,7754.58
AQEU10,3474.58
TQEX5,7424.57
Total448,0004.58

* Rounded to two decimals

On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 started on 14 February 2022 and ends by 22 December 2022 with a maximum aggregate purchase price of EUR 300 million.

Total cost of transactions executed on 21 September 2022 was EUR 2,051,302.40. After the disclosed transactions, Nokia Corporation holds 81,142,177 treasury shares.

Details of transactions are included as an appendix to this announcement.

On behalf of Nokia Corporation

BNP Paribas Exane

About Nokia
At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.

Inquiries:

Nokia
Investor Relations
Phone: +358 40 803 4080
Email: [email protected]

David Mulholland, Head of Investor Relations

Attachment


Nokia is a Finnish multinational communications, information technology and consumer electronics company, founded in 1865. Nokia's headquarters are in Espoo, in the greater Helsinki metropolitan area. In 2017, Nokia employed approximately 102,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange.