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2009-12-11 08:30:00 CET 2009-12-11 08:30:02 CET REGULATED INFORMATION Sampo - Company AnnouncementSAMPO COMMENCES REPURCHASE OF ITS OWN A SHARESSAMPO PLC STOCK EXCHANGE RELEASE 11 December 2009 at 9.30 am SAMPO COMMENCES REPURCHASE OF ITS OWN A SHARES Sampo plc's Annual General Meeting on 7 April 2009 granted Sampo plc's Board of Directors authorization to repurchase Sampo's A shares with distributable capital and reserves. Maximum amount to be repurchased is 50,000,000 A shares. The Board has today decided to repurchase Sampo A shares maximum amount of 5,000,000 corresponding to approximately 0.9 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 NASDAQ OMX Helsinki 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 21 December 2009 at the earliest, and end by the end of the next Annual General Meeting 13 April 2010 at the latest. SAMPO PLC Jarmo Salonen Head of Investor Relations and Group Communications phone +358 10 516 0030 Distribution: NASDAQ OMX Helsinki The principal media Financial Supervisory Authority www.sampo.com |
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