Authorizations Granted to the Board
The Annual General Meeting of 2016 authorized the Board to repurchase a maximum of 50,000,000 Sampo A shares. Shares will be repurchased in other proportion than the shareholders' proportional shareholdings (directed repurchase). The maximum price to be paid will be highest market price quoted during the authorization period. The authorization will be valid until the close of the next Annual General Meeting, nevertheless not more than 18 months after AGM's decision.
Sampo plc made no repurchases during 2016 and has not purchased its own shares after the end of the reporting period.