Sampo launches a buyback programme of EUR 150 million

Core Viewpoint - Sampo plc has announced a share buyback programme amounting to EUR 150 million, funded by the proceeds from the IPO of NOBA Bank Group AB, which took place on 26 September 2025 [1]. Group 1: Buyback Programme Details - The buyback programme will allow for the repurchase of up to 20 million Sampo A shares, representing 1% of the total shares outstanding, net of shares currently held by the company [3]. - The buyback is set to commence on 6 November 2025 and will conclude no later than 30 January 2026 [3]. - The maximum purchase price per share will be determined based on the highest price paid in public trading on the day of repurchase or the average price over the preceding five trading days [4]. Group 2: Regulatory and Management Aspects - The repurchases will comply with the EU Market Abuse Regulation's safe harbour provisions, with Morgan Stanley appointed as the lead manager for the programme [5]. - The repurchased shares will be cancelled, thereby reducing Sampo's capital, and the buyback is authorized by the Annual General Meeting held on 23 April 2025 [6]. Group 3: Financial Position and Strategy - Sampo is committed to maintaining a strong yet efficient balance sheet, with annual reviews of its excess capital position, the latest of which was conducted in August 2025 [2].