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
270
0
0
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%.
CandyLake.com is an information publishing platform and only provides information storage space services.
Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
You may like
- LeXin's Q3 2024 financial report: Profit of 409 million yuan
- Shangde Institution's third quarter revenue and profit continue to decline, and fancy marketing is unable to turn things around
- Sanofi receives Deutsche Bank's sell rating target price of 85 euros
- JPMorgan Chase: Upgrade Nokia rating from 'neutral' to 'overweight' with an average target price of $4.86
- Oracle's quarterly revenue and profit both increased
- The total investment is 4.038 billion euros! CATL and Stellantis establish a joint venture company
- The total investment is 4.1 billion euros! CATL and Stellantis jointly build a factory, expected to be put into operation by the end of 2026
- Italy fines OpenAI 15 million euros for violating ChatGPT training regulations
- Honda Nissan Joint Statement: Target to achieve overall annual sales of over 30 trillion yen and annual operating profit of over 3 trillion yen after the merger
- The combination of internal and external risks makes it difficult for the Eurozone's economic growth to escape