Kvika Banki to Launch ISK2 Billion Share Buyback Program

Kvika Banki (KVIKA.IC) plans to launch a share buyback program totaling 2 billion Icelandic krónur, it said in a July 3 release. The program is set to begin on Monday and remain active until the buyback target has been met, with a deadline of April 30, 2027. The Icelandic bank is looking to buy back 200 million shares to reduce its issued share capital.