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Sampo Oyj (SAXPY)

Other OTC - Other OTC Delayed price. Currency in USD
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24.41+0.20 (+0.85%)
As of 03:52PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close24.20
Bid0.00 x 0
Ask0.00 x 0
Day's range24.21 - 24.70
52-week range20.18 - 27.35
Avg. volume86,958
Market cap26.058B
Beta (5Y monthly)1.06
PE ratio (TTM)10.10
Earnings dateN/A
Forward dividend & yield2.23 (9.12%)
Ex-dividend date19 May 2022
1y target estN/A
  • 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.

  • Reuters

    Profit jumps at Finland's Sampo, Nordea exit looms

    Finnish insurer Sampo on Wednesday beat expectations with a 30% jump in quarterly core earnings, aided by a strong performance from its main subsidiary If and gains from selling a stake in Finnish Nordea bank. Sampo's result was a bit stronger on the insurance side than in investments, Inderes analyst Sauli Vilen said, adding investors usually value that over performance on the volatile stock market. Sampo's Chief Financial Officer Knut Arne Alsaker told Reuters the company expected the fourth quarter to be the first that would not benefit from the pandemic, but that the impact on the combined ratio would be minor.