Nokia 2015 Annual Report Download - page 68

Download and view the complete annual report

Please find page 68 of the 2015 Nokia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 216

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216

66 NOKIA IN 2015
Shares and
share capital
Nokia has one class of shares.
Each Nokia share entitles the
holder to one vote at general
meetings of Nokia.
On December 31, 2015, the total number
ofNokia shares was 3 992 863 716 and our
share capital equaled EUR 245 896 461.96.
On December 31, 2015, Nokia and its
subsidiary companies owned a total of
53 668 695 Nokia shares, representing
approximately 1.3% of the total number of
the shares and voting rights of the company.
On February 4, 2015, we cancelled
66 903 682 shares.
In 2015, under the authorization held by the
Board and in line with the capital structure
optimization program announced in 2014,
Nokia repurchased a total of 24 516 089
shares, representing approximately 0.6% of
the total number of shares and voting rights
on December 31, 2015. The price paid for the
shares was based on the current market price
of the Nokia share on the securities market at
the time of the repurchase.
On February 12, 2016, following the
settlements of the initial and reopened public
exchange oers for all outstanding Alcatel
Lucent securities, the total number of Nokia
shares was 5 769 443 837 shares.
Information on the authorizations held by
theBoard in 2015 to issue shares and special
rights entitling to shares, transfer shares
andrepurchase own shares, as well as
information on related party transactions,
theshareholders, stock options, shareholders’
equity per share, dividend yield, price
perearnings ratio, share prices, market
capitalization, share turnover and average
number of shares is available in the
“Corporate Governance—Compensation”,
“Financial Statements” and “General facts on
Nokia—Shares and shareholders” sections.
Refer to Note 24, Shares of the Parent
Company, of our consolidated nancial
statements included in this annual report for
further information regarding Nokia shares.