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Arion Bank: Share buy-back authorized by the Financial Supervisory Authority of the Central Bank of Iceland

MARKN.

On 19 December 2024 the Financial Supervisory Authority of the Central Bank of Iceland granted Arion Bank authorisation of an amount up to ISK 3 billion, the equivalent of approximately 19.4 million shares, to buy back own shares and reduce its share capital.

The Bank currently holds 100,664,094 of own shares and SDRs, representing 6.651% of issued shares in the Bank.

The Board of Directors of Arion Bank has approved buy-back of own shares in accordance with above and authorised the management of Arion Bank to decide on timing and execution of any share buy-back, which will be announced once a decision has been made. 

For any further information please contact:

Theodór Friðbertsson, Investor Relations at Arion Bank, ir@arionbanki.is, tel. +354 856 6760 or Eirikur Dor Jonsson, Head of Treasury at Arion Bank, eirikur.jonsson@arionbanki.is, tel. +354 856 7171

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Arion Bank: Share buy-back authorized by the Financial Supervisory Authority of the Central Bank of Iceland

Datum 2024-12-19, kl 17:39
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Arion Bank: Share buy-back authorized by the Financial Supervisory Authority of the Central Bank of Iceland
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