Kvika Bank Corrects Prior Share Buyback Disclosure, Cuts Remaining Authorization to ISK 1.54 billion
Bitget2026/09/21 16:42- Kvika issued a correction to its Sept. 11, 2026 disclosure on a new share buyback plan.
- Review found 1,000,000 treasury shares bought for ISK 13.25 million were omitted from reporting under the prior program.
- Total repurchased under the prior plan revised to 34,499,997 shares for ISK 459.45 million.
- Remaining capacity under the new plan cut to ISK 1.54 billion, or up to 165,500,003 shares.
- In week 38, 4,100,000 shares were repurchased for ISK 50.13 million; treasury shares total 45,836,460.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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