5 March 2024
On 15 February 2024, Landsbankinn announced that the Bank would offer to purchase shares from shareholders under the terms of a buyback programme during the period 19 February 2024 to 4 March 2024. During the period, Landsbankinn acquired a total of 6,423,476 own shares at a share price of 12,8595, for a total amount of ISK 82,602,689.
Before the repurchase period, Landsbankinn held around 379 million own shares. At its conclusion, the Bank holds around 385 million own shares, the equivalent of around 1.6% of issued share capital in the Bank.
Buybacks under the programme were authorised to amount to a maximum of 54 million shares, the equivalent of around 0.23% of issued share capital.
Further information (Icelandic)