Kvika banki hfOMXICE: KVIKA

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

· Issued by Kvika banki hf via GlobeNewswire

Summary by 6ix AI

Kvika banki hf. bought 16,100,000 of its own shares for a total purchase price of ISK 197,845,000 in week 41, in trades made between October 5 and October 9, 2026, under its share buyback programme.

Key details

  • The buyback programme was announced on September 11, 2026, based on authorisation from the bank's Annual General Meeting on March 18, 2026.
  • Kvika has now bought a total of 37,795,000 shares under the programme, equal to 0.873% of issued shares, for a total purchase price of ISK 465,942,875.
  • Following these transactions, Kvika holds 79,531,460 of its own shares, equal to 1.837% of issued shares.
  • The programme is limited to an aggregate purchase price of up to ISK 1,540,550,041 and no more than 165,500,003 shares.

What’s still pending

  • The programme stays in effect until shares have been repurchased for ISK 1,540,550,041 or 165,500,003 shares have been acquired, whichever comes first, but no later than April 30, 2027.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/kvika-banki-hf-transaction-in-relation-to-a-share-buy-back-programme-1

In week 41 Kvika banki hf. purchased 16,100,000 of its own shares at the purchase price ISK 197,845,000. See further details below:

DateTimeNo. of sharesShare pricePurchase price
5.10.202610:21:25            1,500,000    12.35         18,525,000    
5.10.202614:39:30            1,.600,000    12.2         19,520,000    
6.10.202614:36:25            2,000,000    12.15         24,300,000    
7.10.202609:48:40            3,000,000    12.15         36,450,000    
7.10.202610:26:40                500,000    12.25            6,125,000    
8.10.202610:42:13            2,000,000    12.35         24,700,000    
8.10.202615:50:44            1,500,000    12.35         18,525,000    
9.10.202610:42:12            4,000,000    12.425         49,700,000    
Total 16,100,000 197,845,000

The trade is in accordance with Kvika‘s buyback programme, announced on 11 September 2026, based on the authorisation of the bank’s Annual General Meeting on 18 March 2026.

Kvika has now purchased a total of 37,795,000 shares under the buyback programme, which corresponds to 0.873% of issued shares in the company. The total purchase price is ISK 465,942,875. Following these transactions Kvika holds 79,531,460 of own shares which corresponds to 1.837% of issued shares.

Buyback under the programme will be limited to an aggregate purchase price of up to ISK 1,540,550,041 and no more than 165,500,003 shares.

The buyback programme will remain in effect until shares have been repurchased for an aggregate consideration of ISK 1,540,550,041 or 165,500,003 shares have been acquired, whichever occurs first, but no later than 30 April 2027.

The execution of the buy-back programme must comply with Act on Public Limited Companies. No. 2/1995. In addition. the buy-back programme must be implemented as provided for in the Regulation of the European Parliament and of the Council no. 596/2014. on market abuse. as well as the Commission Delegated Regulation (EU) 2016/1052 on regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures. which supplements that Regulation.

Further information please contact Kvika‘s investor relations, ir@kvika.is.


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