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Sampo Oyj (SAMPO.HE)

SAMPO.HE on Helsinki Stock Exchange

41.75EUR
9:29pm IST
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€0.36 (+0.87%)
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€41.39
Open
€41.12
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€41.76
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€41.09
Volume
1,000,964
Avg. Vol
1,096,901
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€48.92
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€41.09

Latest Key Developments (Source: Significant Developments)

Sampo says Mandatum Life, Danske To Continue Co-operation Despite Negative Ruling
6:27pm IST 

June 19 (Reuters) - Sampo Oyj ::SAMPO'S MANDATUM LIFE AND DANSKE BANK CONTINUE CO-OPERATION REGARDING THE DISTRIBUTION AND MANAGEMENT OF INSURANCE PRODUCTS AND THE CANCELLATION OF THE EARLIER AGREED TRANSFER OF THE INSURANCE PORTFOLIO DISTRIBUTED BY DANSKE BANK.TRANSACTION WAS SUBJECT TO CONFIRMATION OF THE TAX TREATMENT AND THE PRE-RULING WAS NEGATIVE.COMPANIES WILL APPEAL AGAINST THE PRE-RULING.IF THE TAX TREATMENT REMAINS NEGATIVE, MANDATUM LIFE'S FINANCIAL RISK IS EUR 13 MILLION.SAYS DANSKE BANK WILL PAY AGREED TRANSACTION PRICE OF EUR 197 MILLION BY END OF JUNE 2018.  Full Article

Finansinspektionen says Sampo buys 8.5 million shares in Nordax Group
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - FINANSINSPEKTIONEN::FINANSINSPEKTIONEN SAYS SAMPO PLC BUYS 8.5 MILLION SHARES IN NORDAX GROUP AB, RAISING STAKE TO 7.64 PERCENT SHARES IN THE COMPANY.  Full Article

Topdanmark: board does not recommend shareholders to accept Sampo's bid
Friday, 7 Oct 2016 

Topdanmark A/S : Board of directors does not recommend shareholders to accept mandatory offer by Sampo Plc .In opinion of board of directors, offer price does not represent an attractive offer price.  Full Article

Finland's Sampo Q2 pretax profit falls 10 pct y/y
Wednesday, 10 Aug 2016 

Sampo Oyj : Group's profit before taxes for Q2 2016 amounted to EUR 477 million (528) . Q2 combined ratio in P&C insurance amounted to 84.5 percent (80.9) . Lifts 2016 P&C technical result forecast, now expects combined ratio of 87-90 percent (88-91 pct previously) . Reuters poll expected pretax profit of 481 mln euros, P&C combined ratio of 85.4 pct .Company says continuing low interest rate level creates a challenging environment for reinvestment in fixed income instruments.  Full Article

Weak Swedish crown hits Sampo's mark-to-market results

HELSINKI, May 9 Nordic financial holding company Sampo, the largest shareholder in Nordea Bank , reported on Wednesday a sharp drop in its mark-to-market results due to a devalued Swedish crown and weak investment markets.