Iceland's Íslandsbanki gets FSA nod for share buybacks and capital cut

Íslandsbanki hf. received regulatory approval on September 18, 2026, to repurchase up to 10 billion Icelandic krónur of its own shares. The Financial Supervisory Authority (FSA) also authorized a share capital reduction to match shares already bought under a previous authorization and those to be repurchased under the new one. Both authorizations are valid for 12 months.