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Nokia issues shares to equity incentive plan participants, retains focus on innovation

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Nokia (HE:NOKIA) Corporation has recently rewarded participants in its equity incentive schemes with company shares, affirming its commitment to both employee recognition and continued innovation in the B2B technology sector. The distribution of shares aligns with resolutions made by the company’s board earlier in the autumn.

Today, the Finnish tech giant announced the issuance of 2,186 shares to participants of its equity incentive plans, a move that followed a board mandate from October 4. This distribution brings Nokia’s retained share count to 154,738,062. The company is well-known for its secure network solutions and is actively shaping the future of digital services and applications through its research arm, Nokia Bell Labs.

Simultaneously, Nokia also distributed 8,222,486 shares at no cost to equity incentive plan participants as resolved by the Board on the same day in October. Following this generous allocation, Nokia’s share reserve now stands at 154,740,248. The firm stands out in the industry for providing secure and reliable mobile, fixed, and cloud network solutions that prioritize sustainability.

Under the guidance of Kaisa Antikainen handling communications duties, Nokia continues to forge ahead with developing digital services in collaboration with global partners. It places high value on intellectual property contributions and engages in extensive research through Nokia Bell Labs, renowned for its groundbreaking innovations.

This strategic move demonstrates Nokia’s dedication not only to incentivizing and retaining top talent but also to maintaining its edge as a leader in technological advancements within the global B2B marketplace.

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