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Sampo Oyj (SAMPO.HE)

SAMPO.HE on Helsinki Stock Exchange

46.54EUR
12:00pm EST
Change (% chg)

€-0.61 (-1.29%)
Prev Close
€47.15
Open
€46.35
Day's High
€46.57
Day's Low
€45.91
Volume
871,607
Avg. Vol
747,951
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€48.92
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€42.76

Latest Key Developments (Source: Significant Developments)

Sampo And Nordic Capital Fund VIII Announce Recommended Mandatory Cash Offer To Shareholders In Nordax
Thursday, 8 Feb 2018 01:10am EST 

Feb 8 (Reuters) - SAMPO OYJ ::NORDIC CAPITAL FUND VIII AND SAMPO PLC ANNOUNCE A RECOMMENDED MANDATORY CASH OFFER TO THE SHAREHOLDERS IN NORDAX.NORDIC CAPITAL FUND VIII AND SAMPO TO ACQUIRE ALL OUTSTANDING SHARES IN NORDAX AT A PRICE OF SEK 60 PER SHARE​.‍NDX INTRESSENTER OFFERS A PRICE OF SEK 60 IN CASH FOR EACH SHARE IN NORDAX.​.‍TOTAL OFFER VALUE BASED ON ALL OUTSTANDING SHARES IN NORDAX AMOUNTS TO SEK 6,657 MILLION.​.‍NORDIC CAPITAL EXERCISED CALL OPTIONS AND ACQUIRED ADDITIONAL 12.44 PERCENT OF OF SHARES AND VOTES IN NORDAX​.  Full Article

Sampo Aims To Increase Dividends In The Coming Years -CEO
Wednesday, 7 Feb 2018 06:14am EST 

Feb 7 (Reuters) - Sampo Oyj ::SAMPO CEO SAYS COMPANY AIMS TO INCREASE DIVIDENDS GOING FORWARD.SAMPO CEO SAYS ONE MUST NOT THINK DIVIDENDS WOULD INCREASE EVERY YEAR AS MUCH AS THE COMPANY HAS PROPOSED THIS TIME.  Full Article

Sampo Shares Rise On Larger Than Expected Dividend Proposal
Wednesday, 7 Feb 2018 02:42am EST 

Feb 7 (Reuters) - Sampo Oyj ::SAMPO SHARES RISE 3 PERCENT BY 0801 GMT.  Full Article

Saxo Bank Has Best Capital Position Ever, Good Room For New Initiatives -CEO
Monday, 5 Feb 2018 05:23am EST 

Feb 5 (Reuters) - SAXO BANK CEO KIM FOURNAIS::SAXO BANK CEO SAYS DIVESTMENT OF MAJORITY OF SAXO PRIVATBANK IS UNRELATED TO GEELY'S PLANNED ACQUISITION OF SAXO BANK.SAXO BANK CEO SAYS SAYS OPERATING A RETAIL BANK IS NOT A CORE AREA FOR THE COMPANY.SAXO BANK CEO SAYS HAD NOT PUT SAXO PRIVATBANK UP FOR SALE WHEN ALM BRAND CONTACTED HIM UNSOLICITED.SAXO BANK CEO SAYS HAS NO PLANS TO DIVEST ANY OTHER ENTITIES FOR NOW.SAXO BANK CEO SAYS COMPANY HAS BEST CAPITAL POSITION EVER, GIVES GOOD ROOM FOR NEW INITIATIVES.  Full Article

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 and Nordic Capital launch 6.7 bln SEK cash bid for lender Nordax

STOCKHOLM, Feb 8 Nordic financial holding company Sampo and private equity firm Nordic Capital on Thursday launched a joint recommended mandatory cash bid for Swedish niche lender Nordax valuing the firm at 6.66 billion crowns ($826 million).