Kvika Bank corrects buyback disclosure, cuts remaining authorization

Kvika Bank corrected a Sept. 11, 2026 disclosure on a share buyback plan, stating 1,000,000 treasury shares bought for ISK 13.25 million were omitted. Total repurchased under the prior plan revised to 34,499,997 shares for ISK 459.45 million. Remaining capacity under the new plan cut to ISK 1.54 billion, or up to 165,500,003 shares. In week 38, 4,100,000 shares were repurchased for ISK 50.13 million; treasury shares total 45,836,460.