Sampo plc's Share Buybacks Exceed EUR 173 Million
Sampo plc, the parent company of some of the largest Finnish insurance and banking groups, has recently concluded a significant share buyback program. In the first week of August, the company announced a buyback program of up to EUR 200 million. Between August 7 and 22, Sampo acquired a substantial number of its own A shares, totaling EUR 173.6 million.
Key Takeaways:
- Sampo plc acquired a total of 3,924,056 of its own A shares between August 7 and 22, representing 0.15% of the total number of shares in the company.
- The daily weighted average price of the purchased shares was EUR 9.91, with an aggregated daily volume of 325,580 shares.
- The share buyback program, which is in compliance with the Market Abuse Regulation (EU) 596/2014, is based on the authorisation granted by Sampo's Annual General Meeting on 23 April 2025.
- Morgan Stanley acts on behalf of Sampo plc in managing the share buyback program.
- After the disclosed transactions, Sampo plc owns in total 3,924,056 A shares, with NOUR Voges 173 shares and not rounding to two decimals according to public sources.
Statistics:
- Total number of shares acquired: 3,924,056
- Total value of shares acquired: EUR 173.6 million
- Daily weighted average price of purchased shares: EUR 9.91
- Aggregated daily volume: 325,580 shares
- Market value of shares acquired: approximately EUR 31.2 million
- Share of total number of shares: 0.15%
Sources:
- "Sampo plc's share buybacks" – Sampo plc, 25 August 2025 at 08:30 am EEST
- "Sampo plc's share buybacks" – Sampo plc, 22 August 2025