Sampo Oyj Price & Performance (SAXPY)

Sampo plc’s Board has proposed to the upcoming Annual General Meeting on April 23 the repurchase and cancellation of up to 250 million A shares, about 9.3% of outstanding shares. The Board also recommends reappointing Deloitte as auditor and sustainability assurance provider, with compensation paid per approved invoices.12

Sampo Oyj’s stock, closing at €8.84 on April 17, has seen a 1.33% rise over two weeks and now holds a ‘Buy’ rating from analysts, who set a one-year price target averaging €9.16. The stock is expected to remain volatile, with a dividend payment of €0.34 due after April 24.34

Sampo Oyj’s CEO Torbjorn Magnusson’s €4.26 million compensation is aligned with industry norms, but weak earnings per share growth has some investors questioning future pay increases. The AGM on April 23 offers shareholders an opportunity to address executive remuneration amid modest shareholder returns.56