Nokia senior manager acquires shares in company transaction

HELSINKI - Nokia Corporation (HEL:NOK) disclosed on Friday that senior manager Patrik Hammarén acquired 5 shares of the company at a price of €3.5762 per share.

The transaction, which took place on Thursday on the Nasdaq Helsinki exchange, was reported in accordance with the EU Market Abuse Regulation requirements for managers’ transactions.

The total value of the acquisition amounted to approximately €17.88, according to the notification filed by the telecommunications equipment manufacturer.

Nokia, a B2B technology company focused on network infrastructure, made the disclosure through a standard managers’ transactions announcement, which companies are required to publish when their senior executives engage in transactions involving company securities.

The announcement was made as part of Nokia’s regular reporting of insider transactions, based on a press release statement from the company.

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