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Sampo Oyj (SAMPO.HE)

SAMPO.HE on Helsinki Stock Exchange

46.15EUR
11:29am EST
Change (% chg)

€0.52 (+1.14%)
Prev Close
€45.63
Open
€45.73
Day's High
€46.24
Day's Low
€45.67
Volume
607,479
Avg. Vol
722,824
52-wk High
€47.46
52-wk Low
€41.53

Latest Key Developments (Source: Significant Developments)

Finansinspektionen says Sampo buys 8.5 million shares in Nordax Group
Thursday, 12 Oct 2017 06:46am EDT 

Oct 12 (Reuters) - FINANSINSPEKTIONEN::FINANSINSPEKTIONEN SAYS SAMPO PLC BUYS 8.5 MILLION SHARES IN NORDAX GROUP AB, RAISING STAKE TO 7.64 PERCENT SHARES IN THE COMPANY.  Full Article

Sampo buys stake in Saxo Bank Group
Monday, 2 Oct 2017 02:59am EDT 

Oct 2 (Reuters) - Sampo Oyj :Says will buy 19.9 percent of shares in Saxo Bank Group for 265 million euros .Says transactions are pending regulatory approvals and are expected to be finalised during the next six months.  Full Article

Sampo consolidates Topdanmark as subsidiary in financial reporting
Monday, 2 Oct 2017 02:45am EDT 

Oct 2 (Reuters) - Sampo Oyj :Says consolidates Topdanmark as a subsidiary as of September 30, 2017, in its financial reporting in accordance with IFRS.Says this implies no other change in the relationship between Sampo Group and Topdanmark.  Full Article

Finland's Sampo to invest $274 million in Nets
Monday, 25 Sep 2017 03:01am EDT 

Sept 25 (Reuters) - Sampo Oyj :says will participate as an indirect minority co-investor in the offer by Evergood 5 AS to acquire Nets A/S.says size of Sampo's investment would be 230 million euros ($274 million).  Full Article

Sampo to launch a new long-term incentive scheme
Thursday, 14 Sep 2017 10:15am EDT 

Sept 14 (Reuters) - Sampo Oyj :Sampo to launch a new long-term incentive scheme.The maximum number of the incentive units shall be 4,500,000 in total for the Group.  Full Article

Finland's Sampo Q2 profit falls 9 pct yr/yr
Wednesday, 9 Aug 2017 02:30am EDT 

Aug 9 (Reuters) - Sampo Oyj :Q2 pretax profit 435 million euros ($511 million) versus 426 million in a Reuters poll nL5N1KQ23I and 477 million a year earlier.Q2 P&C insurance combined ratio 85.7 percent versus 85.4 percent in poll.Says in 2017, P&C insurance operations are expected to reach a combined ratio of 86-89 percent vs previous guidance of 87-90 percent. A lower ratio indicates better profitability..Says continuing low interest rate level creates a challenging environment for reinvestment in fixed income instruments.  Full Article

Sampo finalizes valuation of Mandatum Life portfolio
Monday, 19 Jun 2017 09:45am EDT 

June 19 (Reuters) - Sampo Oyj :Says valuation of Mandatum life's portfolio to be sold to Danske Bank <<>> finalized.Say value of the insurance portfolio as at the December 31, 2016, is 334 million euros ($373.31 million).Says Mandatum Life and Danske Bank have agreed that the theoretical result from the beginning of 2017 until the date of the transfer, as determined in the valuation process, will be deducted from the final sales price.Says theoretical result for 2017 is determined to be 18.1 million euros and for 2018 18.6 million euros.Says transaction is expected to have a negative impact of 20-25 million euros on Mandatum Life's annual profit before taxes.Says transfer of the portfolio is expected to take place during 2018.  Full Article

Finland's Sampo Q1 profit above expectations
Thursday, 11 May 2017 02:30am EDT 

May 11 (Reuters) - Sampo Oyj :Q1 pretax profit 430 million euros ($468 million), versus 415 million in Reuters poll nL8N1IA3M7.Q1 P&C insurance combined ratio 87.4 percent versus 87.7 percent in poll.says group's business areas are expected to report good operating results for 2017.says P&C insurance operations are expected to reach a combined ratio of 87-90 percent for full-year 2017.Says mark-to-market results are, particularly in life insurance, highly dependent on capital market developments.Says continuing low interest rate level also creates a challenging environment for reinvestment in fixed income instruments.  Full Article

Sampo says decided to distribute dividend of EUR 2.30/share for 2016
Thursday, 27 Apr 2017 12:20pm EDT 

April 27 (Reuters) - Sampo Oyj : :Says annual general meeting of Sampo Plc decided to distribute a dividend of EUR 2.30 per share for 2016.  Full Article

Topdanmark: board does not recommend shareholders to accept Sampo's bid
Friday, 7 Oct 2016 02:08am EDT 

Topdanmark A/S : Board of directors does not recommend shareholders to accept mandatory offer by Sampo Plc .In opinion of board of directors, offer price does not represent an attractive offer price.  Full Article

Sampo CEO signs up for software firm Efecte's planned IPO

HELSINKI Kari Stadigh, the chief executive of Nordic financial holding company Sampo , has signed up as one of the largest investors in software company Efecte, which on Wednesday announced its plans for initial public offering.