Mon Oct 07 05:30:00 UTC 2024: ## Sampo plc Increases Share Buyback Program to €475 Million

**Helsinki, Finland, October 7, 2024** – Finnish insurance company Sampo plc announced today that it has increased its share buyback program to €475 million, a significant bump from the initial €400 million announced in June. The program, which began on June 18, 2024, is authorized by Sampo’s Annual General Meeting held on April 25, 2024, and is conducted in accordance with the Market Abuse Regulation (EU) 596/2014 (MAR).

As of today, Sampo plc owns 8,037,722 of its own A shares, representing 1.46% of the total shares outstanding, after factoring in the issuance of shares on September 16, 2024. The buyback program is being executed by Morgan Stanley.

This increase in the buyback program signals Sampo’s strong financial position and confidence in its future prospects. The company believes that repurchasing shares will enhance shareholder value and demonstrate its commitment to returning capital to its investors.

For further information, please contact Sami Taipalus, Head of Investor Relations at Sampo plc, at +358 10 516 0030.

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