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HELSINKI - Finnish financial group Sampo Oyj (HELSINKI:SAMPO) purchased 327 of its own A-shares on Thursday at a weighted average price of €59.85 per share, according to a company statement released Friday.
The purchases were executed across multiple trading venues, with the largest volume of 189 shares acquired on the Helsinki exchange (XHEL). Additional transactions included 110 shares on CEUX, 23 shares on TQEX, and 3 shares on AQEU.
These acquisitions are part of Sampo’s share buyback program announced on August 6, which authorizes the repurchase of up to €200 million worth of the company’s shares. The program commenced on August 7 under the authorization granted by Sampo’s Annual General Meeting held on April 23.
Following Thursday’s transactions, Sampo now holds 1,974,201 of its own A-shares, representing approximately 0.07 percent of the company’s total outstanding shares.
The share repurchase program is being conducted in accordance with the Market Abuse Regulation (EU) 596/2014 and Commission Delegated Regulation (EU) 2016/1052, with Morgan Stanley executing the buybacks on behalf of Sampo.
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