- News and Notifications

Landsbankinn pays ISK 9.5 bn in special dividend

On 19 September, Landsbankinn paid a special dividend in the amount of ISK 9.5 bn. The Bank has paid a total of ISK 24.8 bn in dividends in 2018 and total dividends paid since 2013 amount to ISK 131.7 bn. Around 99.7% of dividend payments accrue to the National Treasury.

The Board of Directors' proposal for dividend payments was approved at the Bank's Annual General Meeting on 21 March. The dividend was paid in two instalments, an ISK 15,366 million dividend for the operating year 2017 paid on 28 March of this year, and a special dividend in the amount of ISK 9,456 billion, payable to shareholders on 19 September 2018.

As a result, total dividends paid by the Bank in 2013-2018 amount to ISK 131.7 bn.

As at 30 June 2017, Landsbankinn's equity amounted to ISK 232.1 bn and its CAR was 24.1%, having been adjusted for 2018 dividend payments.

News and Notifications - 06 December 2018 04:21 PM

Landsbankinn utilises authorisation to buy back own shares

Landsbankinn's Board of Directors has decided to exercise an authorisation to purchase the Bank's own shares, which was approved at the Bank's AGM on 21 March this year. The buy-back programme allows for the maximum purchase of 72.5 million shares, or 0.3% of issued shares.


News and Notifications - 29 November 2018 04:51 PM

Landsbankinn sells 9.2% shareholding in Eyrir Invest

Landsbankinn hf. has sold a 9.2% shareholding in Eyrir Invest hf. in an open sale process. The deadline to submit offers expired at 12 noon on Wednesday 28 November.


News and Notifications - 21 November 2018 03:38 PM

Landsbankinn‘s Updated Funding Plan for 2018

Landsbankinn has published an updated schedule for market funding for the year 2018. The updated schedule states, among other things, that the bank intends to issue covered bonds in the amount of ISK 28-32bn this year. Total issuance of commercial paper this year will depend on market conditions.