Islandsbanki stock: Islandsbanki buys 3.36 million shares in its buyback of Islandsbanki stock

Published on 10/22/2026 at 02:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The program reached 7,311,730 shares and ISK 1.02 billion by October 19, 2026. Islandsbanki stock has results due October 29, 2026.

Buyback and reporting calendar

During week 42, the bank repurchased 3,361,730 shares for ISK 462.83 million on October 19, 2026.
Second-quarter 2026 profit after tax was ISK 7.1 billion and return on equity was 13.3 percent.
Third-quarter results are scheduled for October 29, 2026.

Islandsbanki stock, banking, share repurchase, Nasdaq Iceland, Illustration mit AI erstellt.

Islandsbanki bought 3,361,730 own shares for ISK 462.83 million in week 42, according to Nasdaq Iceland. The October 19, 2026 announcement puts the ongoing repurchase program at 7,311,730 shares and ISK 1.02 billion in total purchases.

Buyback reaches its next threshold

The program is capped at 25 million shares and a total purchase price of ISK 3.00 billion. The latest purchases therefore represent 29.25 percent of the share limit and 33.87 percent of the cash limit, calculated from the announced totals.

The bank held 105,927,986 own shares after week 42, equal to 6.04 percent of issued share capital, according to Nasdaq Iceland. The program began on October 2, 2026 and can continue through December 31, 2026 unless either limit is reached earlier.

What does the buyback change?

The immediate effect is a smaller share count if the repurchased shares are canceled, while the announcement also allows the shares to meet employee incentive obligations. The 6.04 percent treasury-share position gives the program a material scale relative to the bank's issued capital.

Three dated steps define the program

On September 18, 2026, the Financial Supervisory Authority authorized purchases of up to ISK 10.00 billion, according to Nasdaq Iceland. On October 2, 2026, Íslandsbanki launched a program targeting 25 million shares and ISK 3.00 billion, according to Nasdaq Iceland. On October 19, 2026, week 42 purchases added 3,361,730 shares for ISK 462.83 million.

Next dates for bank investors

Íslandsbanki's investor-relations page schedules third-quarter 2026 results for October 29, 2026. The same page reports second-quarter 2026 profit after tax of ISK 7.1 billion, return on equity of 13.3 percent and a 43.1 percent cost-to-income ratio, according to Islandsbanki.

The last available Nasdaq Iceland price was ISK 138.80 on October 21, 2026 at 3:18 p.m. GMT. Market capitalization stood at ISK 229.1 billion, while the 52-week range was ISK 117.00 to ISK 152.00.