Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Sampo Plc ( (GB:0HAG) ) has issued an update.
Sampo’s board has approved a share buyback programme of up to EUR 350 million, authorising the repurchase of as many as 45 million A shares, or about 1.69 per cent of the company’s share capital, between 7 May and 30 October 2026. The purchases, to be executed mainly via public trading on Nasdaq Helsinki and other venues, will be funded from unrestricted equity and are intended to reduce Sampo’s capital through the cancellation of the repurchased shares.
According to chair Antti Mäkinen, EUR 250 million of the programme is backed by the group’s 2025 operating result in line with its capital distribution policy, with the remainder financed by the February 2026 sale of NOBA shares. The move underscores Sampo’s commitment to delivering attractive capital returns while maintaining an efficient balance sheet, and the board may consider expanding the programme later in 2026 if additional excess capital is realised from disposals of legacy assets at favourable valuations.
Morgan Stanley has been appointed lead manager and will execute the buybacks independently within preset limits under the EU Market Abuse Regulation safe harbour framework. Sampo plans to enhance transparency for investors by reporting progress on the buyback through weekly stock exchange releases.
More about Sampo Plc
Sampo plc is a Nordic insurance group whose main business is providing non-life and related insurance services across Northern Europe. The company focuses on capital-efficient operations and returning excess capital to shareholders, reflecting a strategy geared toward disciplined balance sheet management and shareholder value creation.
See more insights into 0HAG stock on TipRanks’ Stock Analysis page.