Sampo cancels 20.5 million treasury shares, reduces total count

Published 05/11/2025, 08:50
Sampo cancels 20.5 million treasury shares, reduces total count

HELSINKI - Finnish financial group Sampo Oyj announced Wednesday it has canceled 20,484,833 of its own Class A shares following a decision by its Board of Directors. The cancellation has been registered in the trade register today.

The canceled shares were acquired through the company’s share buyback program announced on August 6, 2025. The repurchases were conducted between August 7 and October 31, 2025.

According to the company statement, the cancellation reduces Sampo’s number of Class A shares by the corresponding amount but does not affect the company’s share capital. The total number of canceled shares represents 0.76 percent of the company’s total shares before the cancellation.

Following the cancellation, Sampo’s total number of shares stands at 2,670,754,027, including 2,669,754,027 Class A shares and 1,000,000 Class B shares. The total voting rights amount to 2,674,754,027.

Since launching its first buyback program in October 2021, Sampo has purchased and canceled a total of 347 million of its own shares. This represents 12.5 percent of the company’s total shares before the start of the first buyback program in 2021.

The announcement was made in a press release issued by Sampo Oyj.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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