Íslandsbanki hf.: Transactions in relation to a share repurchase programme – week 42
Íslandsbanki hf.: Transactions in relation to a share repurchase programme – week 42
Reference is made to an announcement from Íslandsbanki hf., published 1 October 2026 on the implementation of a share repurchase programme relating to own shares, initially announced on 21 September 2026. In week 42 Íslandsbanki hf. (the Bank) purchased in total 3,361,730 own shares for the total amount of ISK 462,832,318 as further listed in this announcement.
In week 42 Íslandsbanki hf. (the Bank) purchased in total 3,361,730 own shares for the total amount of ISK 462,832,318 as follows:
| Date | Time | Purchased shares | Price per share | Purchase Price (ISK) | Total own shares |
| 12.10.2026 | 10:54:54 | 200,000 | 139.40 | 27,880,000 | 102,766,256 |
| 12.10.2026 | 13:36:43 | 300,000 | 139.30 | 41,790,000 | 103,066,256 |
| 12.10.2026 | 15:24:46 | 100,000 | 138.00 | 13,800,000 | 103,166,256 |
| 12.10.2026 | 15:31:46 | 100,000 | 138.60 | 13,860,000 | 103,266,256 |
| 13.10.2026 | 10:16:55 | 200,000 | 138.60 | 27,720,000 | 103,466,256 |
| 13.10.2026 | 11:25:49 | 200,000 | 138.00 | 27,600,000 | 103,666,256 |
| 13.10.2026 | 14:32:04 | 200,000 | 137.80 | 27,560,000 | 103,866,256 |
| 13.10.2026 | 15:08:37 | 100,000 | 137.80 | 13,780,000 | 103,966,256 |
| 14.10.2026 | 13:25:56 | 300,000 | 137.20 | 41,160,000 | 104,266,256 |
| 14.10.2026 | 14:13:23 | 150,000 | 137.00 | 20,550,000 | 104,416,256 |
| 14.10.2026 | 14:53:41 | 150,000 | 137.20 | 20,580,000 | 104,566,256 |
| 14.10.2026 | 15:14:25 | 100,000 | 137.00 | 13,700,000 | 104,666,256 |
| 15.10.2026 | 15:00:13 | 400,000 | 136.80 | 54,720,000 | 105,066,256 |
| 15.10.2026 | 15:31:20 | 300,000 | 137.00 | 41,100,000 | 105,366,256 |
| 16.10.2026 | 11:49:53 | 61,730 | 136.60 | 8,432,318 | 105,427,986 |
| 16.10.2026 | 12:13:03 | 100,000 | 137.00 | 13,700,000 | 105,527,986 |
| 16.10.2026 | 14:36:35 | 300,000 | 137.00 | 41,100,000 | 105,827,986 |
| 16.10.2026 | 15:37:03 | 100,000 | 138.00 | 13,800,000 | 105,927,986 |
| Total week 42 | 3,361,730 | 462,832,318 |
Prior to transactions carried out during week 42, the Bank held 102,566,256 own shares, corresponding to 5.85% of issued share capital. During this round of repurchase of own shares the Bank has purchased in total 7,311,730 own shares or 0.42% of issued shares, and the total purchase price thereunder is ISK 1,016,052,318.
In this round of share buybacks the aim is to repurchase own shares of the maximum amount of 25 million shares, corresponding to 1.43% of issued share capital, the total purchase price for repurchased shares however not exceeding ISK 3,000,000,000 in total. This round of share buybacks commenced on 2 October 2026 and was to remain in force until 31 December 2026, unless the conditions on the maximum amount of shares or purchase price is met before that time.
The Bank holds 105,927,986 own shares, representing 6.04% of issued shares in the Bank.
The share repurchase programme is 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 regulation 1290/2025 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 had been obtained.