Íslandsbanki Repurchases 3.25 Million Shares in Week 41
TradingView reports that Íslandsbanki bought 3.25 million shares in week 41. Purchases since Oct. 2 have reached 3.95 million shares.
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what happened
TradingView reports that Íslandsbanki hf. repurchased 3,250,000 of its own shares for ISK 454.8M during week 41. Since Oct. 2, the bank has bought 3,950,000 shares, equal to 0.23%, for a total of ISK 553.2M.
The bank now holds 102,566,256 treasury shares, representing 5.85%. Under the buyback program, Íslandsbanki may acquire as many as 25M shares or spend up to ISK 3.0B through Dec. 31, 2026.
why it matters
The purchases reduce the number of shares available in the market and increase the bank’s treasury holding. The update confirms that the previously announced program remains active, with a ceiling of 25M shares or ISK 3.0B.
instruments
sources
- Íslandsbanki hf. Buys 3.25M Shares in Week 41 — TradingView, 12 October 2026 at 09:25 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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