# Íslandsbanki Repurchases 3.25 Million Shares in Latest Buyback Round

- URL: https://stocks.freetheai.org/news/islandsbanki-repurchases-3-25-million-shares-in-latest-buyback-round-a7161f
- Published: 2026-10-12T09:25:00Z
- Category: company_news; sentiment: bullish; impact: low
- Symbols: [OMXICE:ISB](https://stocks.freetheai.org/symbols/OMXICE-ISB)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Íslandsbanki hf. (OMXICE:ISB) repurchased 3,250,000 of its own shares for 454.8 million Icelandic krónur (ISK) during week 41. Since October 2, the bank has bought back a total of 3,950,000 shares, representing 0.23% of its total share capital, for a cumulative cost of ISK 553.2 million.

The transaction brings the institution's total treasury share balance to 102,566,256 shares, or 5.85% of its total shares, up from 99.32 million shares (5.66%) prior to this buying round. By acquiring shares from the market, repurchases reduce circulating share supply, which can support per-share operational metrics over time.

Investors will keep an eye on whether the bank maintains this buying pace relative to its overall program limits. The current authorization permits repurchases of up to 25 million shares or a maximum spend of ISK 3.0 billion through December 31, 2026.

## Key points

- Íslandsbanki hf. repurchased 3.25 million shares for ISK 454.8 million during week 41.
- Total repurchases since October 2 reached 3.95 million shares (0.23% of total shares) for ISK 553.2 million.
- Treasury share holdings increased to 102.57 million shares, representing 5.85% of total shares.
- The program caps overall purchases at 25 million shares or ISK 3.0 billion through December 31, 2026.

## Questions and answers

### How many shares did Íslandsbanki buy back in week 41?

Íslandsbanki repurchased 3,250,000 shares during week 41 for a total value of ISK 454.8 million.

### What percentage of total shares does Íslandsbanki hold in treasury?

Íslandsbanki holds 102,566,256 treasury shares, which accounts for 5.85% of the total share count.

### What is the maximum size of Íslandsbanki's buyback program?

The buyback program allows repurchases of up to 25 million shares or a maximum total spend of ISK 3.0 billion through December 31, 2026.