REG-Sampo launches a buyback programme of EUR 350 million

Sampo OyjAnnouncement

06/05/2026 06:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260506:nGNE6HqybT&default-theme=true


Sampo plc, stock exchange release, 6 May 2026 at 8:45 am EEST

Sampo launches a buyback programme of EUR 350 million

Sampo’s Board of Directors has resolved to launch a EUR 350 million share
buyback programme. The aggregate purchase price of the Sampo A shares acquired
under the share buyback programme shall not exceed EUR 350 million and the
maximum number of Sampo A shares that can be repurchased is 45 million,
corresponding to 1,69 per cent of the total number of shares in Sampo. The
buyback programme will start at the earliest on 7 May 2026 and end no later
than 30 October 2026. The buyback programme is based on the authorisation
granted by the Annual General Meeting held on 22 April 2026.

“Sampo remains committed to deliver attractive capital returns, while
operating with a strong but efficient balance sheet. Of the new buyback
programme, EUR 250 million is based on the operating result generated in 2025,
in line with the Group’s distribution policy, while the rest is funded by
the sale of NOBA shares in February 2026. The Board will assess its options to
increase the programme in the second half of the year should Sampo be
successful in generating further excess capital through the disposal of legacy
assets at an attractive valuation” says Antti Mäkinen, Chair of the Board.

The purchase price per share shall be no more than the highest price paid for
the company’s shares in public trading on the day of the repurchase or the
offer to repurchase the company’s own shares, or alternatively, the average
of the share prices (volume weighted average price on the regulated markets
where the company’s share is admitted to trading) during the five trading
days preceding the repurchase or the offer to repurchase the company’s own
shares. The lowest purchase price per share shall be the price that is 20 per
cent lower than the lowest price paid for the company’s shares in public
trading during the validity of the authorisation until the repurchase or the
offer to repurchase the company’s own shares. The shares will be acquired
through public trading on Nasdaq Helsinki, CBOE, Turquoise and Aquis. In
addition to the shares repurchased in public trading, shares may, subject to
certain conditions, be acquired in accelerated bookbuilds (ABB) should such be
arranged.

The repurchases in public trading will be made in accordance with the safe
harbour arrangement of Article 5 of the EU Market Abuse Regulation. Sampo has
appointed Morgan Stanley as the lead manager for the share buyback programme.
The lead manager will make trading decisions independently of and without
influence from Sampo, within the announced limits.

The repurchases will be carried out by using funds in the unrestricted
shareholders’ equity. The purpose of the repurchased shares is to reduce the
capital of Sampo, and the repurchased shares will be cancelled.

Going forward, Sampo will report its share repurchases via stock exchange
releases published on a weekly basis.

SAMPO PLC
Investor Relations and Group Communications

For further information, please contact:

Mirko Hurmerinta
Interim Head of Investor Relations
tel. +358 10 516 0032

Distribution: 
Nasdaq Helsinki
Nasdaq Stockholm
Nasdaq Copenhagen
London Stock Exchange
FIN-FSA 
The principal media 
www.sampo.com