Street Calls of the Week
HELSINKI - Finnish financial group Sampo Oyj (OMXH:SAMPO) purchased 314,787 of its own A-shares on October 1 at an average price of €9.75 per share, according to a company statement released Thursday.
The transactions were executed across multiple trading venues, with the largest volume of 168,980 shares acquired on the Helsinki exchange (XHEL). Additional purchases were made on CEUX (109,826 shares), TQEX (27,450 shares), and AQEU (8,531 shares).
These buybacks are part of Sampo’s share repurchase program announced on August 6, 2025, which authorizes the company to repurchase its own shares for up to €200 million. The program began on August 7 and operates under the authorization granted by Sampo’s Annual General Meeting held on April 23, 2025.
Following these transactions, Sampo now holds 13,554,407 of its own A-shares, representing 0.50 percent of the company’s total outstanding shares.
The share buyback program is being conducted in accordance with the Market Abuse Regulation (EU) 596/2014 and the European Commission Delegated Regulation (EU) 2016/1052, with Morgan Stanley executing the purchases on behalf of Sampo.
The information was disclosed in a press release issued by Sampo.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.