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Kvika banki hf.: Termination of Existing Share Buyback Programme and Launch of New Share Buyback Programme

Barchart·09/11/2026 10:40:00
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Reference is made to Kvika banki hf.'s ("Kvika" or the "Bank") announcement dated 3 July 2026 regarding the launch of a share buyback programme.

The Board of Directors of the Bank has decided to terminate the existing share buyback programme announced on 3 July 2026 and, simultaneously, launch a new share buyback programme based on the same authorisations as previously, subject to the terms and conditions set out below. The purpose of the new programme is to amend the limit applicable to daily repurchases, such that purchases on any trading day may amount to up to 25% of the average daily trading volume in the Bank's shares during the 20 trading days preceding the purchase date.

Read more at globenewswire.com

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