Íslandsbanki launches share buyback of up to 25,000,000 shares, capped at ISK 3 billion
Bitget2026/10/01 16:32- Íslandsbanki launched a share buyback starting Oct. 2, 2026, running through Dec. 31, 2026 unless limits are reached earlier.
- Program targets up to 25,000,000 shares, about 1.43% of issued stock, capped at ISK 3 billion.
- Board mandate allows repurchases of up to 10% of share capital over 18 months from March 19, 2026.
- Central bank supervisor authorized buybacks up to ISK 10 billion market value; prior repurchase authorizations have been fully used.
- Bank held 98,616,256 treasury shares at announcement date; Arion Bank will execute purchases within market-volume limits.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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