Reitir announces share buyback of up to 8,500,000 shares

Bitget2026/11/02 17:14

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Reitir announced a new buyback program for up to 8,500,000 shares, capped at ISK 1 billion.
The targeted shares represent 1.24% of issued share capital.
Purchases begin November 3, ending by January 31, 2027, or earlier if either the share or spending limit is reached.
The program aims to reduce issued share capital or meet obligations under stock option agreements.
Landsbankinn will execute the buyback, with daily purchases limited to 425,708 shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reitir hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611021213OMX_____CNEWS_IS_GNW1001301360_is) on November 02, 2026, and is solely responsible for the information contained therein.

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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Reitir announces share buyback of up to 8,500,000 shares

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