What is the total size of the buyback program and how does it compare to the company's free float?
Answer
Based on the information you supplied (the title, a short‑hand “stock exchange release” dated 8 August 2025, and the fact that the news belongs to the Buybacks category), no numeric details about the buy‑back program (its total size) or about Sampo plc’s free‑float are included in the excerpt you provided.
Because the specific figures are not present in the supplied text, we cannot give a precise answer about:
| Item | Information in the provided excerpt |
|---|---|
| Total size of the buy‑back program | Not disclosed |
| Percentage of the free‑float that the buy‑back represents | Not disclosed |
| Absolute amount of the free‑float (i.e., number of shares or €) | Not disclosed |
| Comparison (e.g., “the buy‑back equals X % of free‑float”) | Not disclosed |
What would normally be reported (and what to look for)
When a company announces a share‑buy‑back, the press release typically contains:
| Typical Information | Why it matters |
|---|---|
| Total monetary amount (e.g., “€1.5 billion”) | Shows the scale of the repurchase. |
| Maximum number of shares (or % of outstanding shares) | Helps gauge the impact on the capital structure. |
| Percentage of free‑float (e.g., “equivalent to 10 % of the free‑float”) | Indicates how much of the tradable pool will be removed – a key indicator of market‑impact intensity. |
| Time horizon (e.g., “to be completed by 2027”) | Shows the duration over which the company expects to execute the programme. |
| Funding source (e.g., cash on hand, borrowing) | Gives insight into the company’s liquidity and financial strategy. |
| Reason for the buy‑back (e.g., “to optimise capital structure, return cash to shareholders”) | Provides strategic context. |
If you need the exact numbers for Sampo plc’s buy‑back, you would typically look at:
- The full press release on Sampo’s website or the “Stock Exchange Release” dated 8 August 2025 at 8:30 am EEST.
- Regulatory filings (e.g., the Finnish Financial Supervisory Authority (FIN-FSA) or the Nasdaq Helsinki “Disclosure” portal) where the company is required to disclose the size of the programme and the portion of free‑float it will cover.
- The original Globes Newswire article (if you have access to the full text) which usually includes a sentence such as “The programme amounts to €1.5 billion, representing about 12 % of the company’s free‑float”.
What to do next
- Retrieve the full text of the “Sampo plc’s share buybacks” release (e.g., by opening the original Globes Newswire link or the exchange’s announcement archive).
- Look for the key figures (total amount and free‑float %).
- If the free‑float figure is not directly given, you can compute it:
[
\text{% of free‑float} = \frac{\text{Buy‑back size (in € or number of shares)}}{\text{Free‑float (in € or number of shares)}} \times 100
]
You can obtain the current free‑float from Sampo’s most recent annual report or from a market data provider (e.g., Bloomberg, Refinitiv).
Bottom line (given the current data)
- Total size of the buy‑back program: Not disclosed in the excerpt.
- Comparison to free‑float: No data provided to make the comparison.
To answer the question definitively, you will need to consult the full press release or the company’s detailed disclosure where the amounts are explicitly mentioned. If you can provide the full text or the specific numbers, I can compute the exact percentage and give you a precise comparison.