Heimar hf. approved a 10% share buyback program with a total purchase price not exceeding ISK 500.000.000.
From GlobeNewswire: 2025-04-08 11:04:00
At the Annual General Meeting of Heimar hf. on March 11th, 2025, shareholders approved a 10% share buyback program. The Board of Directors will oversee the buyback, with a total purchase price not exceeding ISK 500.000.000. Íslandsbanki will supervise the program independently, following regulations on market abuse. The buyback will be executed in stages, with the maximum amount of shares based on trading averages. The program will be effective from April 8th until the 2026 Annual General Meeting, with the possibility of adjustments or termination by Heimar. Trading notices will be published as required by law.
Read more at GlobeNewswire: Launch of Share Buy-Back Program