Heimar hf. (“Heimar”) has officially completed its share buyback program, originally announced on September 29, 2025. The company repurchased a total of 1,562,547 shares during week 45 at a combined purchase value of ISK 57,401,730, finalizing the program’s latest phase.
According to the company’s disclosure, the buyback transactions were executed as follows:
| Date | Time | Shares Purchased | Transaction Price (ISK) | Total Purchase Price (ISK) |
|---|---|---|---|---|
| 03.11.2025 | 10:05 | 1,000,000 | 36.7 | 36,700,000 |
| 06.11.2025 | 14:53 | 562,547 | 36.8 | 20,701,730 |
| Total | — | 1,562,547 | — | 57,401,730 |
These purchases were made in accordance with Heimar’s buyback program, which authorizes total buybacks of up to ISK 500,000,000, or until the company’s 2026 Annual General Meeting (AGM), whichever occurs first.
Following this latest transaction, Heimar now holds 41,032,075 of its own shares, up from 39,469,528 previously. This represents approximately 2.03% of the company’s total issued share capital, with a cumulative purchase value of ISK 1,484,743,987.
Heimar confirmed that the execution of its buyback program fully complies with the Icelandic Public Limited Companies Act (No. 2/1995), Article 5 of EU Regulation (No. 596/2014) on Market Abuse, and the European Commission’s Delegated Regulation (No. 2016/1052/EU), as incorporated into Icelandic law under the Act on Measures Against Market Abuse (No. 60/2021).
The company emphasized that in the event of discrepancies between the Icelandic and English versions of this notice, the Icelandic version shall prevail.