The chairman of Nokia’s board bought the company’s shares for more than 500,000 euros

Network technology company Nokian chairman of the board Timo Ihamuotila has bought the company’s shares for more than 500,000 euros, according to the stock exchange release published by the company.

Last Friday, Ihamuotila bought a total of 60,000 shares of the company at an average price of EUR 8.4522. The total value of the deal was around 507,000 euros.

Nokia also told the head of the company’s Technology Standards business group Patrik Hammarénin and the director of technology and artificial intelligence By Pallavi Mahajan bought the company’s shares.

Hammarén bought a total of 43,293 Nokia shares at an average price of EUR 8.4420. The size of the entire pot was about 365,000 euros.

Mahajan, on the other hand, bought a total of 62,000 Nokia shares at an average price of $9.55 on the Wall Street exchange. Measured in euros, the value of the transaction was approximately 520,000 euros.