Landsbankinn hf.: Landsbankinn utilises authorisation to repurchase own shares

Core Viewpoint - Landsbankinn's Board of Directors has authorized a share repurchase program allowing the purchase of up to 48 million shares, representing 0.2% of the issued share capital, as approved at the AGM on March 19, 2025 [1] Group 1: Share Repurchase Details - The repurchase period is set from March 2, 2026, to March 13, 2026 [2] - Shareholders must submit a notification form available on the Bank's website to accept the offer, with processing in the order received until the maximum of 48 million shares is reached [3] - Each share will be purchased at a price of ISK 14.56, based on the Bank's equity of ISK 343,773 million and outstanding shares of 23.615 million [4][5] Group 2: Shareholder Composition - The total number of shares in the Bank is 24,000 million, with 819 shareholders [6] - The National Treasury holds approximately 98.2% of the issued shares, totaling 23,567 million shares [6] - The Bank itself holds around 1.6% of issued share capital, equating to 385.4 million shares, while other shareholders hold 0.2% or 47.6 million shares [6] Group 3: Additional Information - Further instructions for shareholders interested in the repurchase offer can be found on Landsbankinn's website, with additional contact options provided for inquiries [7]