Arion Bank corrects share buyback disclosure, cuts reported purchase cost by ISK 550,000

• Arion Bank corrected its week 32 share buyback disclosure filed Aug. 10, citing wrong times, prices for two Aug. 7 trades.
• The revision cut aggregate purchase consideration for the affected transactions by ISK 550,000 versus the earlier report.
• Week 32 buybacks totaled 1,600,000 shares on Nasdaq Iceland for ISK 308.25 million, ending with 33,610,467 treasury shares.
• It also bought 2,321 SDRs on Nasdaq Stockholm for SEK 34,432, ending with 3,766,699 treasury SDRs.
• Combined treasury holdings rose to 37,377,166 shares and SDRs, equal to 2.71% of issued shares.

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