Íslandsbanki wins FSA approval to cancel shares, cut capital under buyback plans

Bitget2026/09/21 09:29

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Íslandsbanki received FSA authorization on Sept. 18, 2026 to repurchase up to ISK 10 billion of its own shares.
Authorization is reduced by any dividend paid above the bank’s dividend policy, by the amount of such excess dividend.
As of Sept. 18, 2026, the bank held 105,013,466 treasury shares, equal to 5.99% of issued shares.
FSA also authorized a share capital reduction matching shares already bought under the Feb. 4, 2026 buyback authorization.
Capital reduction authorization also covers shares to be repurchased under the Sept. 18, 2026 authorization; both authorizations run 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Íslandsbanki hf. published the original content used to generate this news brief on September 21, 2026, and is solely responsible for the information contained therein.

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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Íslandsbanki wins FSA approval to cancel shares, cut capital under buyback plans

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