Nokia has announced plans to return €4 billion ($US4.4 billion) to shareholders in dividends and buybacks and moved forward a target for the savings it expects to reap from the takeover of Alcatel-Lucent SA. The stock jumped the most in two years.
The Finnish network-equipment maker said it will pay ordinary dividends of at least 15 cents a share for this year and next and a special dividend of 10 cents a share for 2016. It will buy back 1.5 billion euros of stock over two years and reduce its debt by 3 billion euros.
