Kvika banki hf.: Transaction in relation to a share buy-back programme

Kvika banki hf. purchased 4,000,000 shares of its own stock for ISK 54,000,000 at the stated purchase price. The announcement is a routine buyback update and is unlikely to materially move prices absent additional context on program size or timing.

Analysis

Kvika banki hf. purchased 4,000,000 shares of its own stock for ISK 54,000,000 at the stated purchase price. The announcement is a routine buyback update and is unlikely to materially move prices absent additional context on program size or timing.