Sampo plc's Recent Share Buyback: Key Highlights Unveiled
Sampo plc's Recent Share Buyback Transactions
Sampo plc is pleased to announce its latest share buybacks conducted on a recent date. This move is part of a larger commitment to enhance shareholder value and manage the company’s capital strategically.
Details of Share Buybacks
On a specific date, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) took significant steps by acquiring its own A shares (ISIN code FI4000552500). The following details summarize the acquisitions:
Volume and Pricing Details
In total, Sampo plc engaged in buying back 312,781 shares. Here’s a breakdown of the aggregated daily volume and average prices:
- Aggregated daily volume: 9,735 shares at a weighted average price of 9.82
- Aggregated daily volume: 121,733 shares at a weighted average price of 9.80
- Aggregated daily volume: 32,212 shares at a weighted average price of 9.79
- Aggregated daily volume: 149,101 shares at a weighted average price of 9.80
- Total Shares Bought Back: 312,781 shares at an average price of 9.80
*All prices are rounded to two decimal places.
Background of the Buyback Program
The groundwork for this initiative was laid when Sampo plc disseminated a share buyback program with a budget up to EUR 200 million. This outline adheres to the Market Abuse Regulation (EU) 596/2014 (MAR) along with the Commission Delegated Regulation (EU) 2016/1052. The program officially commenced on a date specified earlier this month and follows the authorization given during Sampo's Annual General Meeting on April 23, 2025.
Current Holdings and Future Outlook
Post these transactions, Sampo plc now owns a total of 16,066,366 A shares, which accounts for approximately 0.60 percent of the overall shares outstanding. This strategic buyback signifies confidence in the company’s future and its ongoing commitment to optimize shareholder returns.
Contact Information
For inquiries and further information about this announcement, please reach out to:
Sami Taipalus
Head of Investor Relations
Telephone: +358 10 516 0030
Frequently Asked Questions
What is the latest share buyback amount for Sampo plc?
The latest share buyback amount for Sampo plc is 312,781 shares, totaling an average priced buyback around 9.80 per share.
What is the significance of the buyback program?
This share buyback program aims to enhance shareholder value and reflects Sampo plc’s commitment to managing its capital efficiently.
When did the buyback program start?
The program began following the authorization provided during the Annual General Meeting held on April 23, 2025, and commenced earlier this month.
Who can be contacted for more information?
For further inquiries, interested parties can contact Sami Taipalus, Head of Investor Relations, at +358 10 516 0030.
What percentage of shares does Sampo plc currently own?
After the recent share buybacks, Sampo plc holds 16,066,366 A shares, representing approximately 0.60 percent of the total shares.
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