Maintenance purchase for August consisted of 7 shares of Fortum Corporation and 8 shares of Sampo Plc. I wasn’t really planning to increase my Fortum exposure but lately anonymous buyers have pushed the price up. This might indicate that someone has knowledge of upcoming M&A actions so this minimal increase was justified. As a bonus it also rounded up the total share count to full hundreds which gives me some unexplained mental pleasure. Sampo on the other hand is an easy decision even though the valuation isn’t cheap. It’s partially preparation for switching Nordea for Sampo if they choose to move to Denmark. In addition to these small purchases I decreased portfolio D/E ratio to 0,123 from 0,135 a month ago.
Summary:
- 7 shares of Fortum Corporation for 14,94 EUR per share
- 8 shares of Sampo Plc for 44,59 EUR per share