Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Iceland
  4. Nasdaq Iceland
  5. Kvika banki hf.
  6. News
  7. Summary
    KVIKA   IS0000020469

KVIKA BANKI HF.

(KVIKA)
  Report
End-of-day quote. End-of-day quote Nasdaq Iceland - 12/03
26.6 ISK   -1.48%
12/01KVIKA BANKI HF. : Auction of green bonds
AQ
11/26KVIKA BANKI HF. : Kvika banki prepares EMTN issuance
AQ
11/26KVIKA BANKI HF. : Presentations from Kvika's Capital Markets Day November 26
AQ
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Kvika banki hf.: Transaction in relation to a share buyback programme

10/17/2021 | 05:11pm EST

In week 41 Kvika banki hf. („Kvika“ or „the bank“) purchased 10,000,000 of its own shares at the purchase price 265,200,000 ISK. See further details below:

DateTimeNo. of shares purchasedShare price (rate)Purchase price
11.10.202110:41:562,000,00026.2052,400,000
12.10.202109:56:142,000,00026.2052,400,000
13.10.202113:32:561,000,00026.2026,200,000
13.10.202115:04:551,000,00026.4026,400,000
14.10.202110:29:581,000,00026.9026,900,000
14.10.202110:35:241,000,00026.9026,900,000
15.10.202109:52:552,000,00027.0054,000,000
Total 10,000,000 265,200,000

The trade is in accordance with Kvika‘s buyback programme, announced on 16 July 2021 and based on the authorisation of a shareholders‘ meeting of Kvika held on 21 April 2021.

Kvika held 105,271,417 own shares prior to the notified transacton and has, thus, purchased a total of 115,271,417 shares under the buyback programme, which corresponds to 2.369% of issued shares in the company. Total purchase price is 2,804,035,775 ISK. Buyback under the programme will amount to a maximum of 117,256,300 million shares. Additionally TM tryggingar hf., Kvika‘s subsidiary, owns 6,400,000 shares which it owned when Kvika and TM hf. merged.

The buyback programme is in effect from 19 July 2021 until Kvika‘s annual general meeting 2022, unless the maximum amount of purchased shares will be reached before that time.

The buyback programme was executed in accordance with Chapter VIII. of Act No. 2/1995 on Public Limited Companies and Chapter II of the Annex to Regulation No. 630/2005 on Inside Information and Market Abuse, “Trade in own shares under buy-back programmes and the stabilisation of financial instruments”, with later amendments.

Further information: Halldór Karl Högnason, Head of Treasury via tel. (+354) 540 3200.


© OMX, source GlobeNewswire - EU Press Releases

All news about KVIKA BANKI HF.
12/01KVIKA BANKI HF. : Auction of green bonds
AQ
11/26KVIKA BANKI HF. : Kvika banki prepares EMTN issuance
AQ
11/26KVIKA BANKI HF. : Presentations from Kvika's Capital Markets Day November 26
AQ
11/25KVIKA BANKI HF. : Announcement regarding increase in share capital
AQ
11/24KVIKA BANKI HF. : Announcement regarding the exercising of subscription rights (warrants) ..
AQ
11/19KVIKA BANKI HF. : Capital Markets Day November 26
AQ
11/17KVIKA BANKI HF. : TM tryggingar hf. has sold its shares in Kvika banki hf.
AQ
11/12KVIKA BANKI HF. : Kvika issues 3Y senior unsecured bond in British pounds
AQ
11/12Kvika Issues 3Y Senior Unsecured Bond in British Pounds
CI
11/11KVIKA BANKI HF. : Presentation of the interim financial statement for Q3 2021
AQ
More news
Financials
Sales 2020 8 356 M 64,6 M 64,6 M
Net income 2020 2 349 M 18,2 M 18,2 M
Net cash 2020 22 483 M 174 M 174 M
P/E ratio 2020 17,0x
Yield 2020 -
Capitalization 127 B 979 M 983 M
EV / Sales 2019 2,46x
EV / Sales 2020 1,74x
Nbr of Employees 322
Free-Float 83,9%
Chart KVIKA BANKI HF.
Duration : Period :
Kvika banki hf. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Marinó Örn Tryggvason Chief Executive Officer
Ragnar Páll Dyer Managing Director-Finance & Operations
Baldur Stefansson Managing Director-Finance
Ólöf Jónsdóttir Managing Director-Operations & Development
Erna Heiðrún Jónsdóttir Head-Compliance
Sector and Competitors