Íslandsbanki hf.: Transactions in relation to a share repurchase programme – end of round of buybacks
Reference is made to an announcement from Íslandsbanki hf., published on 15 September 2025 on the further implementation of a share repurchase programme relating to own shares, initially announced on 7 July 2025. In week 48 Íslandsbanki hf. (the Bank) purchased in total 4,842,798 own shares for the total amount of ISK 622,020,038 as further listed in this announcement.
In week 48 Íslandsbanki hf. (the Bank) purchased in total 4,842,798 own shares for the total amount of ISK 622,020,038 as follows:
| Date | Time | Purchased shares | Price per share | Purchase Price | Total own shares |
| 24.11.25 | 13:46:31 | 500,000 | 127.00 | 63,500,000 | 74,784,702 |
| 24.11.25 | 14:45:11 | 500,000 | 127.00 | 63,500,000 | 75,284,702 |
| 24.11.25 | 15:08:09 | 100,000 | 127.25 | 12,725,000 | 75,384,702 |
| 25.11.25 | 09:55:41 | 200,000 | 128.00 | 25,600,000 | 75,584,702 |
| 25.11.25 | 10:42:25 | 50,000 | 127.75 | 6,387,500 | 75,634,702 |
| 25.11.25 | 12:30:37 | 50,000 | 127.50 | 6,375,000 | 75,684,702 |
| 25.11.25 | 15:18:48 | 500,000 | 127.50 | 63,750,000 | 76,184,702 |
| 26.11.25 | 11:08:39 | 30,921 | 127.50 | 3,942,428 | 76,215,623 |
| 26.11.25 | 11:46:09 | 28,153 | 127.75 | 3,596,546 | 76,243,776 |
| 26.11.25 | 14:55:39 | 300,000 | 128.00 | 38,400,000 | 76,543,776 |
| 26.11.25 | 15:19:50 | 400,000 | 129.00 | 51,600,000 | 76,943,776 |
| 26.11.25 | 15:21:15 | 200,000 | 129.00 | 25,800,000 | 77,143,776 |
| 27.11.25 | 09:48:49 | 250,000 | 129.50 | 32,375,000 | 77,393,776 |
| 27.11.25 | 14:37:03 | 500,000 | 129.50 | 64,750,000 | 77,893,776 |
| 27.11.25 | 15:09:38 | 200,000 | 129.50 | 25,900,000 | 78,093,776 |
| 27.11.25 | 15:29:42 | 39,000 | 129.50 | 5,050,500 | 78,132,776 |
| 27.11.25 | 15:30:43 | 50,000 | 129.50 | 6,475,000 | 78,182,776 |
| 28.11.25 | 13:23:53 | 18,768 | 129.00 | 2,421,072 | 78,201,544 |
| 28.11.25 | 13:25:55 | 6,977 | 129.00 | 900,033 | 78,208,521 |
| 28.11.25 | 13:43:26 | 53,788 | 129.00 | 6,938,652 | 78,262,309 |
| 28.11.25 | 13:46:00 | 2,815 | 129.00 | 363,135 | 78,265,124 |
| 28.11.25 | 14:07:28 | 4,692 | 129.00 | 605,268 | 78,269,816 |
| 28.11.25 | 14:08:11 | 3,000 | 129.00 | 387,000 | 78,272,816 |
| 28.11.25 | 14:10:38 | 2,346 | 129.00 | 302,634 | 78,275,162 |
| 28.11.25 | 14:34:29 | 5,000 | 129.00 | 645,000 | 78,280,162 |
| 28.11.25 | 14:45:07 | 500,000 | 129.50 | 64,750,000 | 78,780,162 |
| 28.11.25 | 14:53:00 | 300,000 | 129.50 | 38,850,000 | 79,080,162 |
| 28.11.25 | 15:07:01 | 6,200 | 129.50 | 802,900 | 79,086,362 |
| 28.11.25 | 15:09:07 | 41,138 | 129.50 | 5,327,371 | 79,127,500 |
| Total week 48 | 4,842,798 | 622,020,038 |
Before the above purchase in week 48 the Bank owned 74,284,702 own shares, or 3.95% of issued shares.
This round of share buybacks announced to the market on 15 September 2025, is now concluded. According to the aforementioned announcement, the aim was to repurchase own shares of the maximum amount of 40 million shares or 2.13% of issued shares, the total purchase price for repurchased shares however not exceeding ISK 5,000,000,000 in total. This round of share buybacks commenced on 15 September 2025 and was to remain in force until 31 December 2025, unless the conditions on the maximum amount of shares or purchase price is met before that time.
During this round of repurchase of own shares the Bank has purchased in total 40,000,000 own shares or 2.13% of issued shares, and the total purchase price thereunder is ISK 4,976,904,032. The maximum amount of shares has therefore been reached for this round.
The Bank holds a total of 79,127,500 own shares, or 4.21% of issued shares.
The share repurchase programme will be carried out in accordance with the applicable law, including the Act on limited liability companies No. 2/1995, Regulation No. 596/2014 of the European Parliament and of the Council on market abuse, Commission delegated regulation (EU) 2016/1052 of 8 March 2016, the Act on Measures Against Market Abuse No. 60/2021 and rules 1275/2024 on the same subject. The approval of the Financial Supervisory Authority of the Central Bank of Iceland for the Bank's repurchase of own shares has been obtained.