Íslandsbanki hf.: Transactions in relation to a share repurchase programme – week 2
Reference is made to an announcement from Íslandsbanki hf., published on 6 January 2026 on the further implementation of a share repurchase programme relating to own shares, initially announced on 7 July 2025. In week 2 Íslandsbanki hf. (the Bank) purchased in total 4,350,000 own shares for the total amount of ISK 646,150,000 as further listed in this announcement.
In week 2 Íslandsbanki hf. (the Bank) purchased in total 4,350,000 own shares for the total amount of ISK 646,150,000 as follows:
| Date | Time | Purchased shares | Price per share | Purchase Price (ISK) | Total own shares |
| 7.1.26 | 09:58:28 | 200,000 | 149.00 | 29,800,000 | 100,718,195 |
| 7.1.26 | 10:44:10 | 250,000 | 148.50 | 37,125,000 | 100,968,195 |
| 7.1.26 | 13:37:32 | 200,000 | 148.50 | 29,700,000 | 101,168,195 |
| 7.1.26 | 14:19:46 | 400,000 | 148.00 | 59,200,000 | 101,568,195 |
| 7.1.26 | 15:27:02 | 200,000 | 147.75 | 29,550,000 | 101,768,195 |
| 8.1.26 | 10:28:45 | 500,000 | 147.50 | 73,750,000 | 102,268,195 |
| 8.1.26 | 13:27:29 | 300,000 | 147.50 | 44,250,000 | 102,568,195 |
| 8.1.26 | 13:57:31 | 400,000 | 147.75 | 59,100,000 | 102,968,195 |
| 8.1.26 | 15:30:18 | 350,000 | 148.00 | 51,800,000 | 103,318,195 |
| 9.1.26 | 10:12:25 | 300,000 | 149.00 | 44,700,000 | 103,618,195 |
| 9.1.26 | 13:03:02 | 250,000 | 149.50 | 37,375,000 | 103,868,195 |
| 9.1.26 | 13:54:07 | 300,000 | 149.75 | 44,925,000 | 104,168,195 |
| 9.1.26 | 14:02:56 | 300,000 | 149.75 | 44,925,000 | 104,468,195 |
| 9.1.26 | 14:12:02 | 200,000 | 149.75 | 29,950,000 | 104,668,195 |
| 9.1.26 | 15:17:39 | 200,000 | 150.00 | 30,000,000 | 104,868,195 |
| Total week 2 | 4,350,000 | 646,150,000 |
Before the above purchase in week 2 the Bank owned 100,518,195 own shares, or 5.35% of issued shares. During this round of repurchase of own shares the Bank has purchased in total 4,350,000 own shares or 0.23% of issued shares, and the total purchase price thereunder is ISK 646,150,000.
This round of share buybacks aims to repurchase own shares of the maximum amount of 27 million shares or around 1.44% of issued shares, the total purchase price for repurchased shares however not exceeding ISK 3,900,000,000 in total. This round of share buybacks commenced on 7 January 2026 and remains in force until 27 February 2026, unless the conditions on the maximum amount of shares or purchase price is met before that time.
The Bank holds a total of 104,868,195 own shares, or 5.58% 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.