Sampo plc’s Board of Directors has decided to implement splitting their shares. The decision is based on the authorisation granted in Sampo’s general meeting held on 25 April 2024. The splitting of shares will be implemented in the book-entry system after the end of stock exchange trading on 12 February 2025.
After splitting the shares, each of Sampo’s shareholders will receive 4 new Sampo shares for each ex-isting share. The number of Sampo’s shares will multiply by five. In theory, the company’s share price will thus fall to a fifth as a result of the splitting.
Example:
After the split, shareholders owning 100 Sampo shares will own 500 Sampo shares in total (100 old + 400 new shares).
Key dates:
- The last date to buy Sampo shares before the split is estimated to be 10 February 2025.
- The split is expected to be reflected in the share price of stock exchange trading on 11 February 2025.
- Trading of the new A shares is estimated to start in the Helsinki stock exchange on 13 February 2025.
The splitting of shares does not require actions from shareholders and will not affect Sampo’s ISIN codes.
Additional information about splitting the shares in the company’s website: Sampo’s Board of Di-rectors has decided on splitting shares | Sampo.com