Nokia fell over 3% in premarket trading after its Q4 sales missed estimate.
It reported a fourth-quarter FY21 net sales decline of 2% year-on-year (-5% in constant currency) to €6.4 billion, missing the consensus by €70 million.
The board proposed a dividend of €0.08 per share.It approved a share buyback of €600 million over two years.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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