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2008-05-07 11:20:00 CEST 2008-05-07 11:20:01 CEST REGULATED INFORMATION Sampo - Company AnnouncementREPURCHASE OF SAMPO PLC'S A SHARESSAMPO PLC STOCK EXCHANGE RELEASE 7 May 2008 at 12.20 pm REPURCHASE OF SAMPO PLC'S A SHARES Based on the authorisation granted by the Annual General Meeting on 15 April 2008, Sampo plc's Board of Directors has today decided to repurchase Sampo's A shares with distributable capital and reserves. Maximum amount to be repurchased is 50,000,000 A shares, corresponding to approximately 8.6 per cent of the total number of shares. Repurchases shall decrease the distributable capital and reserves. The shares shall be acquired through public trading on the OMX Nordic Exchange at market price prevailing at the time of repurchase. Weighty financial reasons for repurchases exist as they are carried out in order to follow the company's distribution policy. Share repurchases shall start on 16 May 2008 at the earliest, and end by the end of the next Annual General Meeting at the latest. SAMPO PLC Jarmo Salonen Head of Investor Relations and Group Communications phone +358 10 516 0030 Distribution: OMX Nordic Exchange Helsinki The principal media Financial Supervision Insurance Supervisory Authority www.sampo.com |
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