Kvika Bank Corrects Prior Share Buyback Disclosure, Cuts Remaining Authorization to ISK 1.54 billion

Bitget2026/09/21 16:42

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Kvika issued a correction to its Sept. 11, 2026 disclosure on a new share buyback plan.
Review found 1,000,000 treasury shares bought for ISK 13.25 million were omitted from reporting under the prior program.
Total repurchased under the prior plan revised to 34,499,997 shares for ISK 459.45 million.
Remaining capacity under the new plan cut to ISK 1.54 billion, or up to 165,500,003 shares.
In week 38, 4,100,000 shares were repurchased for ISK 50.13 million; treasury shares total 45,836,460.

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. Kvika banki hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609211227OMX_____CNEWS_IS_GNW1001273868_is) 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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Kvika Bank Corrects Prior Share Buyback Disclosure, Cuts Remaining Authorization to ISK 1.54 billion

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