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Sampo Oyj (SAXPF)
| Previous close | 41.70 |
| Open | 42.45 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 41.70 - 41.70 |
| 52-week range | 41.55 - 53.50 |
| Volume | |
| Avg. volume | 340 |
| Market cap | 23.438B |
| Beta (5Y monthly) | 0.99 |
| PE ratio (TTM) | 8.49 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 4.42 (10.59%) |
| Ex-dividend date | 19 May 2022 |
| 1y target est | N/A |
- Reuters
Finnish finance veteran, Sampo chair Wahlroos to step down
The chairman of Finnish insurer Sampo Bjorn Wahlroos, a veteran of the Nordic country's financial industry, said on Wednesday he would step down in 2023. "I will today announce that I will no longer stand for re-election next year," he told a conference call after Sampo's annual shareholder meeting. Wahlroos, who turns 70 later this year, said he would also step down as chairman of Finnish forestry group UPM Kymmene next year.
- Reuters
Finnish insurer Sampo's quarterly earnings beat forecasts
Finnish insurer Sampo on Wednesday reported a smaller-than-expected drop in quarterly earnings, boosted by continuous good performance of its main subsidiary If and gains from selling stake and dividends from Nordea bank. The insurer added it sees upside risk to costs of claim payments that had risen by around 3% in the Nordic region. "The rise in energy and commodity prices triggered by the war in Ukraine has increased uncertainty over the trajectory of inflation," Chief Executive Torbjorn Magnusson said in a statement.
- Reuters
Finland's Sampo sells entire Nordea stake
STOCKHOLM (Reuters) -Finnish insurer Sampo said on Friday it had sold its remaining stake in banking group Nordea to institutional investors for 1.84 billion euros ($1.94 billion). Sampo had said on Thursday that it would sell around half its remaining holding in Nordea, after announcing a strategic shift last year to focus on its insurance business and cut its then 15.9% stake in the bank. "Sampo announced a sale of 100 million shares but the size of the transaction was increased following strong market demand," the company said in a statement on Friday.
