HELSINKI - Sampo Oyj, a leading financial services group, has disclosed a transaction by a member of its executive team. Morten Thorsrud, who holds a high-ranking position within the company, completed a purchase of company shares on Friday.
The transaction took place on NASDAQ HELSINKI LTD (XHEL) and involved the acquisition of 7,500 Sampo Oyj shares in two separate tranches. The first purchase consisted of 5,050 shares at a unit price of €41.08, while the second comprised 2,450 shares at a unit price of €41.1323.
Thorsrud’s investment in Sampo Oyj’s shares reflects confidence in the company’s performance and prospects. The disclosure of this transaction is in accordance with the Market Abuse Regulation (MAR) Article 19, which requires company executives to report any trades involving their own company’s shares.
The information regarding this transaction was provided in a press release statement issued by Sampo Oyj. The statement also included contact details for Sami Taipalus, the Director of Investor Relations at Sampo Oyj, for further inquiries.
The financial services group, headquartered in Helsinki, is well-known for its insurance and banking products and services. These transactions by a senior executive are often viewed as a sign of the company’s health and stability.
As per regulatory requirements, the details of the acquisitions have been made public to ensure transparency and maintain investor confidence in market operations. The disclosure of such information is standard practice and allows shareholders and potential investors to stay informed about the actions of company insiders.
Sampo Oyj has a history of strong performance, and its shares are traded on several exchanges, including NASDAQ Helsinki, NASDAQ Stockholm, NASDAQ Copenhagen, and the London Stock Exchange (LON:LSEG). The company’s commitment to transparency is reflected in its timely communication of executive transactions, as required by law.
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