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Sampo Plc ( (GB:0HAG) ) has issued an update.
Sampo’s board has approved a share buyback programme of up to €350 million, under which the company may repurchase a maximum of 45 million A shares, equivalent to about 1.69% of its total shares, between 7 May and 30 October 2026. The programme is based on an existing shareholder authorization and will be executed on several exchanges including Nasdaq Helsinki, CBOE, Turquoise and Aquis, with Morgan Stanley acting as lead manager and trades conducted under EU market abuse rules.
According to chair Antti Mäkinen, €250 million of the buyback is tied to Sampo’s 2025 operational result under its profit distribution policy, with the remainder funded by the recent sale of NOBA shares, and the board may expand the programme later if further excess capital is freed by divesting legacy financial investments. The repurchases, financed from free equity, are intended to reduce Sampo’s capital as all bought-back shares will be cancelled, tightening the share base and potentially enhancing earnings per share and capital efficiency for investors.
More about Sampo Plc
Sampo Oyj is a Nordic financial services group headquartered in Finland, focused primarily on non-life insurance and related financial operations across markets including Finland, Sweden, Denmark and the wider Nordic region. The company manages capital actively and emphasizes shareholder returns through a combination of dividends and share buybacks as part of its capital allocation strategy.
Learn more about 0HAG stock on TipRanks’ Stock Analysis page.