Summary by Moomoo AI
Nokia Corporation has completed the transfer of 687,144 of its own shares to participants of its equity-based incentive plans on April 11, 2024, as per the company's stock exchange release. This transfer was executed without consideration and is in line with the resolution made by Nokia's Board of Directors on October 4, 2023, to issue shares held by the company to settle its commitments under these plans. Following the transfer, Nokia now holds 82,077,676 of its own shares. The company, headquartered in Espoo, Finland, is known for its role as a B2B technology innovation leader, focusing on pioneering networks and creating value through intellectual property and research conducted by Nokia Bell Labs.