Switch To Direct A-Share Trading Might Change The Case For Investing In Sampo (HLSE:SAMPO)

January 31, 2026

  • Nasdaq Stockholm has approved Sampo Oyj’s plan to delist its Swedish Depositary Receipts, with the last trading day set for 13 February 2026 and direct trading in Sampo A-shares on the exchange beginning on 16 February 2026.

  • This shift from SDRs to the underlying A-shares simplifies Sampo’s capital market footprint in Sweden and may influence how international investors access and assess the group.

  • We will now examine how the move to direct A-share trading on Nasdaq Stockholm shapes Sampo’s investment narrative for investors.

The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 25 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.

To own Sampo, you need to be comfortable with a mature Nordic insurer that pairs solid profitability and high return on equity with only modest revenue growth and forecasts of slightly declining earnings ahead. The big picture rests on confidence in disciplined underwriting, capital efficiency and a shareholder-friendly approach that mixes ordinary dividends with active buybacks. Recent buyback activity and the upcoming 2025 results on 5 February 2026 keep capital allocation and earnings quality in focus as near-term catalysts. The shift from SDRs to direct A-share trading on Nasdaq Stockholm should mainly tidy up Sampo’s Swedish presence rather than change the business outlook, so any valuation impact may be limited. The more immediate risk remains that a rich earnings base and slower growth expectations leave less room for disappointment.

However, one risk stands out that many shareholders may be underestimating right now. Sampo Oyj’s shares have been on the rise but are still potentially undervalued by 30%. Find out what it’s worth.

HLSE:SAMPO 1-Year Stock Price Chart
HLSE:SAMPO 1-Year Stock Price Chart

Three Simply Wall St Community fair values cluster between €10.59 and €13.33, hinting at differing conviction on upside. Set this against Sampo’s slower forecast earnings profile and decide which narrative you find more convincing.

Explore 3 other fair value estimates on Sampo Oyj – why the stock might be worth just €10.59!

Disagree with this assessment? Create your own narrative in under 3 minutes – extraordinary investment returns rarely come from following the herd.

Terms and Privacy Policy