Nokia (NYSE: NOK) allocates 536,655 shares under equity incentive plans
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Nokia Corporation reported a routine change in its own shares related to employee incentives. The company transferred a total of 536,655 Nokia shares held in treasury, without any cash consideration, to participants in its equity-based incentive plans, in line with previously approved plan rules and a Board resolution announced on 22 November 2024. After this transfer, Nokia holds 150,373,657 of its own shares. The update does not involve a public offering, but reflects share-based compensation to employees and other plan participants.
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FAQ
What did Nokia (NOK) report in this Form 6-K?
Nokia reported the transfer of 536,655 treasury shares to participants in its equity-based incentive plans, with no cash consideration involved.
What is the purpose of Nokia’s equity-based incentive plans?
The equity-based incentive plans are designed to compensate and incentivize participants with Nokia shares, as approved by the Board and governed by the plans’ rules.
Where can investors get more information about Nokia’s investor relations?
Investors can contact Nokia Investor Relations by phone at +358 931 580 507 or by email at investor.relations@nokia.com, and visit www.nokia.com.
