Overview of Sampo plc’s Share Buybacks
Sampo plc has recently repurchased its own A shares, as detailed in the latest stock exchange announcement.
Share Buybacks Details
On a recent date, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) revealed important information regarding its share transactions. Here’s a summary of the share buybacks that have taken place:
Daily Volume and Pricing Summary
The buyback transactions exhibited significant activity, with a total of 95,626 shares acquired at an average price of €40.94. These buybacks were carried out across various markets.
Here’s how the shares break down:
- Total Shares Purchased: 95,626
- Daily Weighted Average Price: €40.94
Market Involvement
The buybacks were conducted on different markets, demonstrating Sampo plc's dedication to ensuring share stability and enhancing shareholder value.
Background of the Buyback Program
In June 2024, Sampo plc announced a share buyback program with a maximum value of EUR 400 million. This initiative is in accordance with the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052, which was approved during the Annual General Meeting held in April 2024.
Current Ownership Situation
Following the recent buybacks, Sampo plc now owns a total of 4,936,678 A shares, representing 0.98 percent of the company's total shares.
Contact Information for the Company
If you have any questions, please contact:
Sami Taipalus
Head of Investor Relations
Tel: +358 10 516 0030
Frequently Asked Questions
What is Sampo plc's recent buyback program?
Sampo plc has recently launched a share buyback program valued at up to EUR 400 million, which began in June 2024.
How many shares did Sampo plc buy back?
The company bought back 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 repurchased was €40.94.
Which markets were involved in the buybacks?
The buybacks took place across various markets to facilitate effective trading.
Who can I contact for more information regarding Sampo plc?
You can reach out to Sami Taipalus, Head of Investor Relations, at +358 10 516 0030 for further inquiries.