Sampo plc Announces Share Buybacks: August 2024 Review
Sampo plc’s Share Buybacks Overview
Sampo plc has acquired its own A shares, as per the latest stock exchange release.
Details of Share Buybacks
On a recent date, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) announced significant transactions concerning its shares. Below is a summary of the share buybacks conducted:
Aggregated Daily Volume and Pricing
The transactions showed substantial activity, with a total of 95,626 shares purchased at an average price of €40.94. The buybacks took place across multiple markets.
Here’s a breakdown of the shares bought:
- Total Shares Purchased: 95,626
- Daily Weighted Average Price: €40.94
Market Participation
The buybacks were executed on various markets, reflecting Sampo plc's commitment to maintaining share stability and shareholder value.
Background on Buyback Program
In June 2024, Sampo plc publicly disclosed a share buyback program valued at a maximum of EUR 400 million. This program aligns with the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052, authorized in the Annual General Meeting held in April 2024.
Current Ownership Status
After the recent buybacks, Sampo plc now holds a total of 4,936,678 A shares, which equates to 0.98 percent of the overall shares in the company.
Company Contact Information
For further inquiries, please reach out to:
Sami Taipalus
Head of Investor Relations
Tel: +358 10 516 0030
Frequently Asked Questions
What is Sampo plc's recent buyback program?
Sampo plc recently implemented a share buyback program with a value of up to EUR 400 million, initiated in June 2024.
How many shares did Sampo plc buy back?
The company purchased a total of 95,626 A shares in its latest transactions.
What was the average purchase price of the shares?
The average price for the shares bought back was €40.94.
Which markets were involved in the buybacks?
The buybacks were executed across multiple markets to ensure effective trading.
Who can I contact for more information regarding Sampo plc?
You can contact Sami Taipalus, Head of Investor Relations, at +358 10 516 0030 for further information.
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