Sampo’s share split
Sampo’s Board has today resolved upon a share split based on the authorisation granted by the Annual General Meeting held on 25 April 2024.
In the share split, every Sampo shareholder will receive 4 new Sampo shares for 1 existing Sampo share. For example, a shareholder with 100 Sampo shares would after the split hold in total 500 Sampo shares (100 old shares + 400 new shares).
The last day to buy Sampo shares pre-split is expected be 10 February 2025. Exchanges are expected to reflect the split in the share price on 11 February 2025.
Trading in the new A shares on Nasdaq Helsinki, Nasdaq Stockholm (in the form of Swedish depository receipts) and Nasdaq Copenhagen (in the form of share entitlements) is expected to commence on or about 13 February 2025. However, the new Swedish depository receipts are expected to be available on the accounts in Euroclear Sweden on or about 14 February 2025. The share split does not require any action from shareholders nor holders of Swedish depository receipts.
In total, 2,152,191,088 new Sampo A shares and 800,000 new Sampo B shares will be issued. Following the share split, Sampo’s total share count will amount to 2,691,238,860 shares, of which 1,000,000 are Sampo B shares.
Sampo’s historical EPS, dividend per share and share price figures can be adjusted for the split by dividing them by 5 as illustrated in the table below.
|
Before the share split |
After the share split | |
|
Total share count |
538,247,772 |
2,691,238,860 |
|
EPS 2023 |
2.62 |
0.52 |
|
Operating EPS 2023 |
2.07 |
0.41 |
|
Regular dividend per share 2023 |
1.60 |
0.32 |
|
Share price 4 February 2025 (closing price) |
39.36 |
7.87 |
Mirko Hurmerinta, IR Manager, Sampo plc
Why invest in Sampo? IR Blog provides information about Sampo as an investment case and the Group's businesses and markets. www.sampo.com/irblog
Sampo
Sampo is a Nordic property and casualty insurer operating also in the UK and in the Baltics. In the Nordics, Sampo provides insurance services across all countries, customer segments and products. In the UK, the company offers motor and home insurance for private individuals. The Group is made up of If P&C, Topdanmark, Hastings, and the parent company Sampo plc. Sampo was founded in 1909 and it is headquartered in Helsinki, Finland.
Read more on company pageKey Estimate Figures23.01
| 2023 | 24e | 25e | |
|---|---|---|---|
| Revenue | 7,535.0 | 8,391.4 | 8,946.5 |
| growth-% | 3.69 % | 11.37 % | 6.62 % |
| EBIT (adj.) | 1,480.8 | 1,683.6 | 1,758.6 |
| EBIT-% (adj.) | 19.65 % | 20.06 % | 19.66 % |
| EPS (adj.) | 2.60 | 2.37 | 2.58 |
| Dividend | 1.80 | 1.85 | 1.93 |
| Dividend % | 4.54 % | 22.79 % | 23.77 % |
| P/E (adj.) | 15.21 | 3.43 | 3.15 |
| EV/EBITDA | 14.44 | 3.59 | 2.99 |
