Nokia Beats Estimates, Will Return $4.4 Billion To Shareholders

Nokia will return €4 billion ($4.4 billion) to shareholders through dividends and a two-year €1.5 billion share repurchase program, as the Finnish network-equipment maker anticipates reaping benefits from the takeover of Alcatel-Lucent SA. The European telecommunications and networking manufacturer also unveiled stronger-than-anticipated profits as growth in China offset weaker demand in North America and Europe. Nokia enhances profitability target for network business When unveiling its third quarter results, Nokia said Thursday 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…