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Íslandsbanki Wins Regulatory Nod for Potential Share Buyback, Share Capital Reductions

MT Newswires·09/21/2026 06:32:22
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06:32 AM EDT, 09/21/2026 (MT Newswires) -- Íslandsbanki (ISB.IC) secured authorization from the Central Bank of Iceland's Financial Supervisory Authority to repurchase up to 10 billion Icelandic kronur of its shares and reduce its issued capital. The permit, valid until Sept. 18, 2027, enables the Icelandic bank to buy back shares, with the caveat that if its dividend payments exceed its dividend policy, the potential repurchases will be reduced by the same amount.