Sampo continues share buyback program with €3.2 million purchase

Published 08/09/2025, 06:34
Sampo continues share buyback program with €3.2 million purchase

HELSINKI - Finnish financial group Sampo Oyj (XHEL:SAMPO) purchased 330,961 of its own A-shares on September 5 at an average price of €9.73 per share, according to a company statement released Monday.

The total value of the shares acquired was approximately €3.2 million. The purchases were executed across multiple trading venues, with the largest volume of 189,540 shares acquired on the Helsinki exchange (XHEL).

This transaction is part of Sampo’s share buyback program announced on August 6, 2025, which allows for repurchases of up to €200 million worth of shares. The program, which began on August 7, operates under the authorization granted by Sampo’s Annual General Meeting held on April 23, 2025.

Following these latest acquisitions, Sampo now holds 7,228,092 of its own A-shares, representing 0.27 percent of the company’s total outstanding shares.

The 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 company’s shares are listed on the Helsinki, Stockholm, and Copenhagen exchanges, as well as the London Stock Exchange.

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