Ac­quis­i­tion by Lands­bankinn of own shares un­der a buy­back pro­gramme - end of ac­quis­i­tion peri­od - Feb­ru­ary 2022

Höfuðstöðvar Landsbankans í Austurstræti
22 February 2022

On 4 February 2022, Landsbankinn announced that the Bank would offer to purchase shares from shareholders under the terms of a buyback programme during the period 7 February 2022 to 21 February 2022. During the period, Landsbankinn acquired a total of 156,396 own shares at a share price of 11.9658, for the total amount of ISK 1,871,403.

Prior to the repurchase period, Landsbankinn held around 379 million own shares. At its conclusion, the Bank holds around 379 million of own shares, or the equivalent of around 1.58% of issued share capital in the Bank.

Buybacks under the programme were authorised to amount to a maximum of 57 million shares, or the equivalent of around 0.24% of issued share capital.

You may also be interested in
5 Sept. 2023
Landsbankinn issues green bonds for EUR 300 million
Today, Landsbankinn concluded the sale of a new green bond series in the amount of EUR 300 million, the Bank’s third green bond issuance in euros. The bonds bear a 6.375% fixed rate and were sold at terms equivalent to a 313 basis point spread above mid-swap market rates. The bonds have a 3,5-year tenor and mature in March 2027.
Austurbakki
20 July 2023
Financial results of Landsbankinn in H1 of 2023
Landsbankinn’s profit in the first half of the year amounted to ISK 14.5 billion, ISK 6.7 billion thereof in the second quarter. Return on equity (ROE) was 10.3% in H1.
Austurbakki
4 May 2023
Financial results of Landsbankinn for the first three months of 2023
Return on equity (ROE) at Landsbankinn was 11.1% in the first three months of 2023. Net profit was ISK 7.8 billion.
Austurbakki
23 March 2023
Results of the 2023 AGM of Landsbankinn
The annual general meeting of Landsbankinn, held on 23 March 2023, agreed to pay a dividend amounting to ISK 8,504 million to shareholders. The AGM approved a proposal to change the Bank’s address from Austurstræti 11 to Reykjastræti 6.
New temp image
9 March 2023
Landsbankinn sells European Covered Bond (Premium) in euros
Today, Landsbankinn concluded a sale of European Covered Bonds (Premium) in euros. The bonds are in the amount of EUR 300 million, with a 5-year tenor and have a fixed coupon of 4.25%. The bonds were sold at terms equivalent to 90 basis point spread over mid-swap market rate.
Hestar og kona
16 Feb. 2023
Publication of Landsbankinn’s Annual & Sustainability Report
Landsbankinn’s Annual & Sustainability Report for 2022 reviews highlights in the Bank’s operation last year, new solutions and changes to service, continued work on sustainable development, funding, risk management and more.
Austurbakki
2 Feb. 2023
Financial results of Landsbankinn for 2022
The net profit of Landsbankinn in 2022 was ISK 17.0 billion (2021: ISK 28.9 billion). After-tax return on equity for 2022 was 6.3% (2021: 10.8%).
27 Oct. 2022
Financial results of Landsbankinn for the first nine months of 2022
Landsbankinn’s profit in the first nine months of 2022 amounted to ISK 11.3 billion, ISK 5.8 billion thereof in the third quarter. Return on equity (ROE) in the first nine months of the year was 5.6% and 8.5% in the third quarter. A decrease in the fair value of the Bank’s equity portfolio negatively impacts its profitability this year.
21 July 2022
Financial results of Landsbankinn in H1 of 2022
The Bank’s profit in the first half of 2022 amounted to ISK 5.6 billion, ISK 2.3 billion thereof in the second quarter. Return on equity (ROE) was 4.1%, falling short of the Bank’s 10% target mainly because of fluctuations in equities held by the Bank. 
New temp image
27 May 2022
S&P raises Landsbankinn’s covered bond rating to A
S&P Global Ratings has today announced that Landsbankinn’s covered bond rating has been raised. The rating uplift is one notch and the rating is therefore A with stable outlook.
Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies