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Acquisition by Landsbankinn of own shares under a buy-back programme - end of acquisition period

On 6 December 2018, Landsbankinn announced that the Bank would offer to purchase shares from shareholders under the terms of a buy-back programme during the period 10 December 2018 to 20 December 2018. During the period, Landsbankinn acquired a total of 14,995,121 own shares at a share price of 9.9787, for the total amount of ISK 149,631,819.

Prior to the repurchase period, Landsbankinn held around 360.5 of own shares. At its conclusion, the Bank holds around 375.5 of own shares, or the equivalent of around 1.56% of issued share capital in the Bank.

Buy-backs under the programme were authorised to amount to a maximum of 72.5 million shares, or the equivalent of around 0.3% of issued share capital.

None of the Bank’s managing directors sold shares in the Bank during the repurchase period.

Vikubyrjun/Weekly bulletin - 14 January 2019 10:22 AM

Icelandic Economic Weekly: Monday 14 January 2019

A total of 2.3 million foreign passengers departed Iceland through Keflavík International Airport last year. Statistics Iceland published tourism short-term indicators and released revised numbers for trade in goods for the first 11 months of 2018 as well as preliminary numbers for December 2018. The real exchange rate of the Icelandic krona was 9.2% lower in December 2018 than in the same month 2017.


Vikubyrjun/Weekly bulletin - 07 January 2019 12:23 PM

Icelandic Economic Weekly: Monday 7 January 2019

Inflation accelerated in December. The YoY change in December is 3.7%, compared to 3.3% in November. The wage index increased by 0.15% between October and November.


News and Notifications - 28 December 2018 02:20 PM

Landsbankinn has published its schedule for market funding for the year 2019

Landsbankinn has published its schedule for market funding for the year 2019.