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    SAMPO   FI0009003305

SAMPO OYJ

(SAMPO)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe Europe - 01/28 11:30:00 am
43.17 EUR   -0.18%
01:30aSampo plc's share buybacks 27/01/2022
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01/27Sampo plc's share buybacks 26/01/2022
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01/26Sampo plc's share buybacks 25/01/2022
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Finnish State-Owned Investor Solidium Sells 2.0% Stake in Sampo For $576 Million

11/05/2021 | 02:53am EST

By Dominic Chopping

Finnish state-owned investment company Solidium Oyj said Friday that it has sold 11 million A-shares in financial company Sampo plc, raising proceeds of around 498 million euros ($576 million).

The share sale, following an accelerated bookbuild offering to Finnish and international institutional investors, represents around 2.0% of Sampo's outstanding shares and reduces Solidium's holding from 8.0% to 6.0%, representing around 33 million A-shares, it said.

Solidium, which takes ownership stakes in nationally important companies, said the proceeds will be repaid to the state and used for general corporate purposes.

Solidium is a minority owner in Elisa Oyj, Kemira Oyj, Konecranes Oyj, Metso Outotec Oyj, Nokia Corp., Nokian Renkaat Oyj, Outokumpu Oyj, Sampo, Stora Enso Oyj, TietoEVRY Oyj and Valmet Corp.

The value of Solidium's total investment assets is around EUR9.7 billion.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

11-05-21 0353ET

All news about SAMPO OYJ
01:30aSampo plc's share buybacks 27/01/2022
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01/27Sampo plc's share buybacks 26/01/2022
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01/26Sampo plc's share buybacks 25/01/2022
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01/25Sampo plc's share buybacks 24/01/2022
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01/24Sampo plc's share buybacks 21/01/2022
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01/21Sampo plc's share buybacks 20/01/2022
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01/20Sampo plc's share buybacks 19/01/2022
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01/19Sampo plc's share buybacks 18/01/2022
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01/18Sampo plc's share buybacks 17/01/2022
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01/17Sampo plc's share buybacks 14/01/2022
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Analyst Recommendations on SAMPO OYJ
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Financials
Sales 2021 4 754 M 5 299 M 5 299 M
Net income 2021 2 368 M 2 639 M 2 639 M
Net Debt 2021 2 947 M 3 285 M 3 285 M
P/E ratio 2021 10,1x
Yield 2021 4,39%
Capitalization 23 499 M 26 229 M 26 194 M
EV / Sales 2021 5,56x
EV / Sales 2022 5,46x
Nbr of Employees 13 292
Free-Float -
Chart SAMPO OYJ
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Sampo Oyj Technical Analysis Chart | SAMPO | FI0009003305 | MarketScreener
Technical analysis trends SAMPO OYJ
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Last Close Price 43,17 €
Average target price 47,77 €
Spread / Average Target 10,7%
EPS Revisions
Managers and Directors
Torbj÷rn Magnusson President & Group Chief Executive Officer
Knut Arne Alsaker Group Chief Financial Officer
Bj÷rn Arne Christer Wahlroos President & Group Chief Executive Officer
John Patrick Sture Lapvetelńinen Group Chief Investment Officer
Risto Fredrik Murto Independent Director
Sector and Competitors