Reference is made to an announcement from Íslandsbanki hf., published on 11 August 2025 on the further implementation of a share repurchase programme relating to own shares, initially announced on 7 July 2025. In week 34 Íslandsbanki hf. (the Bank) purchased in total 1,750,000 own shares for the total amount of ISK 219,137,500 as further listed in this announcement.
In week 34 Íslandsbanki hf. (the Bank) purchased in total 1,750,000 own shares for the total amount of ISK 219,137,500 as follows:
| Date | Time | Purchased shares | Price per share | Purchase Price (ISK) | Total own shares |
| 18.8.25 | 09:55 | 250,000 | 126.00 | 31,500,000 | 32,501,953 |
| 18.8.25 | 15:30 | 100,000 | 125.50 | 12,550,000 | 32,601,953 |
| 19.8.25 | 09:36 | 250,000 | 125.75 | 31,437,500 | 32,851,953 |
| 19.8.25 | 13:59 | 100,000 | 125.00 | 12,500,000 | 32,951,953 |
| 20.8.25 | 09:31 | 250,000 | 125.25 | 31,312,500 | 33,201,953 |
| 20.8.25 | 11:45 | 100,000 | 125.00 | 12,500,000 | 33,301,953 |
| 21.8.25 | 10:00 | 250,000 | 124.75 | 31,187,500 | 33,551,953 |
| 21.8.25 | 15:08 | 100,000 | 124.25 | 12,425,000 | 33,651,953 |
| 22.8.25 | 11:01 | 250,000 | 124.50 | 31,125,000 | 33,901,953 |
| 22.8.25 | 15:24 | 100,000 | 126.00 | 12,600,000 | 34,001,953 |
| Total week 34 | 1,750,000 | 219,137,500 |
Before the above purchase in week 34 the Bank owned 32,251,953 own shares, or 1.72% of issued shares. During this round of repurchase of own shares the Bank has purchased in total 2,850,000 own shares or 0.15% of issued shares, and the total purchase price thereunder is ISK 358,762,500.
This round of share buybacks aims to repurchase own shares of the maximum amount of 9 million shares or 0.48% of issued shares, the total purchase price for repurchased shares however not exceeding ISK 1,000,000,000 in total. This round of share buybacks commenced on 12 August 2025 and remains in force until 30 September 2025, unless the conditions on the maximum amount of shares or purchase price is met before that time.
The Bank holds a total of 34,001,953 own shares, or 1.81% of issued shares.
The share repurchase programme will be carried out in accordance with the applicable law, including the Act on limited liability companies No. 2/1995, Regulation No. 596/2014 of the European Parliament and of the Council on market abuse, Commission delegated regulation (EU) 2016/1052 of 8 March 2016, the Act on Measures Against Market Abuse No. 60/2021 and rules 1275/2024 on the same subject. The approval of the Financial Supervisory Authority of the Central Bank of Iceland for the Bank's repurchase of own shares has been obtained.
For further information please contact:
Investor Relations - Bjarney Anna Bjarnadóttir, ir@islandsbanki.is
Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is