Nokia to launch 600 million euros stock repurchase plan due to profit decline
胡胡胡美丽_ss
发表于 2024-1-25 17:18:23
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On January 25th, Nokia announced the launch of a stock buyback program, which is expected to begin in the first quarter. The goal of this plan is to return up to 600 million euros in cash to shareholders in batches within two years. On that day, Nokia released its financial reports for the fourth quarter and full year of 2023. The report shows that in the fourth quarter of 2023, Nokia's net sales amounted to 5.707 billion euros, a year-on-year decrease of 23%; The operating profit was 547 million euros, a year-on-year decrease of 38%. In 2023, Nokia's net sales amounted to 22.258 billion euros, a year-on-year decrease of 11%; The operating profit was 1.688 billion euros, a year-on-year decrease of 27%.
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