HELSINKI - Nokia (HE:NOKIA) Corporation (NYSE:NOK) reported that Tommi Uitto, categorized as a senior manager within the company, has acquired 151 shares at a unit price of €4.45345 on NASDAQ HELSINKI LTD (XHEL) on Tuesday. This transaction falls under the scope of Article 19 of the EU Market Abuse Regulation, which mandates the disclosure of transactions conducted by persons in managerial positions.
Uitto’s purchase is recorded as an initial notification with a reference number of 94841/4/4, according to the details released by Nokia. The volume weighted average price of the acquired shares was €4.45345.
Nokia, known for its contributions to the telecommunications industry, operates as a B2B technology innovation leader. The company has a significant presence in the development of networks that are designed to be responsive, intelligent, and proactive. Nokia’s work spans mobile, fixed, and cloud networks, and it is also recognized for its intellectual property and research initiatives, particularly those led by the Nokia Bell Labs.
The company prides itself on offering open architectures that integrate smoothly into various ecosystems, with the aim of delivering high-performance networks that enable new revenue streams and scalability. Nokia’s reputation for providing secure, reliable, and sustainable networks has earned it the trust of service providers, enterprises, and partners globally.
Today’s disclosure about Uitto’s share acquisition is based on a press release statement from Nokia Corporation, providing transparency regarding the financial dealings of its senior management.
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