Nokia (NOK): FMR LLC trims ownership, falling under key 5% threshold
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Nokia Corporation reports that institutional investor FMR LLC has reduced its indirect holding in Nokia shares below the 5% threshold under the Finnish Securities Market Act. As of 8 July 2026, FMR LLC held 4.87% of Nokia’s shares and 4.59% of voting rights, compared with 5.20% of shares and 4.92% of voting rights in the previous notification. This corresponds to 279,843,137 shares and 263,388,983 voting rights out of Nokia’s total 5,742,239,696 shares and votes, plus a minor SWAP position of 901 shares.
Positive
- None.
Negative
- None.
Key Figures
Total shares and votes outstanding: 5,742,239,696 shares
FMR LLC current shareholding percentage: 4.87% of shares
FMR LLC current voting rights percentage: 4.59% of voting rights
+5 more
8 metrics
Total shares and votes outstanding
5,742,239,696 shares
Total Nokia shares and votes at the time of notification
FMR LLC current shareholding percentage
4.87% of shares
Resulting situation on 8 July 2026 when the threshold was crossed
FMR LLC current voting rights percentage
4.59% of voting rights
Resulting situation on 8 July 2026
FMR LLC previous shareholding percentage
5.20% of shares
Position in the previous major holding notification
FMR LLC previous voting rights percentage
4.92% of voting rights
Position in the previous major holding notification
FMR LLC indirect Nokia shares
279,843,137 shares
Indirect holding under FSMA 9:6 and 9:7 at the new threshold
FMR LLC indirect Nokia voting rights
263,388,983 voting rights
Indirect voting rights corresponding to FMR LLC’s position
SWAP exposure
901 shares and 901 voting rights
Financial instrument position classified as SWAP (Total of B)
Key Terms
Finnish Securities Market Act, voting rights, financial instruments, SWAP, +1 more
5 terms
Finnish Securities Market Act regulatory
"notification received under Chapter 9, Section 5 of the Finnish Securities Market Act"
voting rights financial
"4.87% shares 4.59% voting rights"
Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.
financial instruments financial
"Financial instruments referred to in Chapter 9 Section 6a of the FSMA"
Financial instruments are assets or contracts that hold monetary value and can be bought, sold, or traded. They serve as tools for investors to grow, protect, or transfer money, much like how a ticket or voucher can be used to access goods or services. These instruments help individuals and organizations manage financial goals and risks across different markets and economic conditions.
SWAP financial
"Type of financial instrument SWAP"
A swap is a private contract where two parties agree to exchange streams of payments over time, often tied to interest rates, currencies, or commodity prices. Investors and companies use swaps to change the type of risk they face—like switching a variable-rate loan into a fixed one—so they can stabilize cash flow or gain exposure without buying or selling the underlying asset; think of it as trading the terms of future bills with another party.
indirect proportion of holdings financial
"the indirect proportion of holdings of FMR LLC has on 8 July 2026 decreased"
FAQ
What change in FMR LLC’s ownership did Nokia (NOK) disclose?
Nokia disclosed that FMR LLC’s indirect holding fell below 5% of Nokia shares. As of 8 July 2026, FMR LLC held 4.87% of shares and 4.59% of voting rights in Nokia.
What was FMR LLC’s previous ownership percentage in Nokia (NOK)?
In the previous notification, FMR LLC’s position in Nokia was 5.20% of shares and 4.92% of voting rights. The latest disclosure shows this stake has decreased to under the 5% threshold.
Does FMR LLC hold Nokia (NOK) exposure through financial instruments?
Yes. FMR LLC holds a SWAP classified under financial instruments for 901 shares and 901 voting rights, corresponding to 0.00% of Nokia’s shares and voting rights, in addition to its shareholding.
Under which law was the FMR LLC Nokia (NOK) holding change notified?
The change in FMR LLC’s Nokia holding was notified under Chapter 9 of the Finnish Securities Market Act, specifically Sections 5 and 10, which govern major holding disclosures.
