Íslandsbanki hf.: Results of repurchase of own shares through reverse auction
Íslandsbanki hf.: Results of repurchase of own shares through reverse auction
Íslandsbanki hf. ("Íslandsbanki" or the "Bank") decided to accept offers for 7,200,000 shares at the price of ISK 136.8 per share in the repurchase of own shares announced on 4 November 2026 (the "Repurchase"). The settlement date of accepted offers is 9 November 2026.
The Repurchase is carried out in accordance with the applicable law, including the Act on limited liability companies No. 2/1995, Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse, Commission Delegated Regulation (EU) 2016/1052, the Act on Measures Against Market Abuse No. 60/2021 and Rules No. 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 has been obtained.
Following the Repurchase, the Bank owns 120,085,349 own shares, equivalent to 6.85% of the Bank's issued share capital. Included in the total number of own shares are 504,344 shares purchased on 4 November 2026 under the share repurchase programme announced on 1 October 2026.
This announcement is released by Íslandsbanki hf. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the Repurchase described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Ellert Hlöðversson, CFO of Íslandsbanki hf.