Nokia 2004 Annual Report Download - page 121

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ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS
The following table sets out certain information concerning purchases of Nokia shares by Nokia
Corporation and its affiliates during 2004.
(c) Total Number (d) Maximum
of Shares Number of Shares
Purchased as that May Yet Be
(a) Total Number (b) Average Price Part of Publicly Purchased Under
of Shares Paid per Share Announced Plans the Plans or
Period Purchased(1) (EUR) or Programs(1) Programs
January 1/1/04–1/31/04 ..... 13 062 000(1) 16.76 13 000 000(1) 117 521 500(2)
February 2/1/04–2/28/04 .... 25 057 700 17.14 25 057 700 92 463 800(2)
March 3/1/04–3/31/04 ....... 0 0.00 0 230 000 000(3)
April 4/1/04–4/30/04 ........ 52 000 000 12.53 52 000 000 178 000 000(3)
May 5/1/04–5/31/04 ........ 9 000 000 11.84 9 000 000 169 000 000(3)
June 6/1/04–6/30/04 ........ 0 0.00 0 169 000 000(3)
July 7/1/04–7/31/04 ........ 36 500 000 9.71 36 500 000 132 500 000(3)
August 8/1/04–8/31/04 ...... 18 500 000 9.30 18 500 000 114 000 000(3)
September 9/1/04–9/30/04 . . . 0 0.00 0 114 000 000(3)
October 10/1/04–10/31/04 .... 38 100 000 11.85 38 100 000 75 900 000(3)
November 11/1/04–11/30/04 . 21 900 000 12.60 21 900 000 54 000 000(3)
December 12/1/04–12/31/04 . . 0 0.00 0 54 000 000(3)
Total .................... 214 119 700 12.42 214 057 700
(1) The difference between the ‘‘Total Number of Shares Purchased’’ and the ‘‘Total Number of
Shares Purchased as Part of Publicly Announced Plans or Programs’’ represents repurchases of
a total of 62 000 shares in open-market transactions effected by affiliates of Nokia Corporation
to cover the Group’s obligations in connection with certain employee stock option plans. For
more information, see ‘‘Item 6.E Share Ownership—Other Employee Stock Option Plans.’’
(2) On March 27, 2003, the Annual General Meeting authorized the Board to repurchase a
maximum of 225 million Nokia shares by using funds available for distribution of profits. The
authorization was effective for a period of one year and expired on March 27, 2004.
(3) On March 25, 2004, the Annual General Meeting approved the Board’s proposal to authorize
the Board to resolve to repurchase a maximum of 230 million Nokia shares by using funds
available for distribution of profits. The authorization is effective as of March 28, 2004 until
March 25, 2005.
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