On February 4, 2022, Landsbankinn announced that the Bank would offer to purchase shares from shareholders under the terms of a buyback program during the period February 7, 2022 to February 21, 2022. During that time, Landsbankinn acquired a total of 156,396 own shares in one share. price 11.9658, for a total amount of ISK 1,871,403.
Prior to the repurchase period, Landsbankinn held approximately 379 million own shares. At the end of it, the Bank held approximately 379 million of its own shares, or the equivalent of approximately 1.58% of the issued share capital in the Bank.
Buybacks under the program are allowed to reach a maximum of 57 million shares, or the equivalent of approximately 0.24% of the issued share capital.
For more information contact:
Rúnar Pálmason, Public Relations, [email protected]
Hanna Kristín Thoroddsen, Investor Relations, [email protected]
