In week 43 Kvika purchased 3,656,546 of its own shares at the purchase price 34,409,631 ISK. See further details below:
| Date | Time | No. of shares purchased | Share price (rate) | Purchase price |
| 23.10.2019 | 14:57:46 | 136,666 | 9.42 | 1,287,394 |
| 24.10.2019 | 11:41:57 | 1,768,235 | 9.42 | 16,656,774 |
| 25.10.2019 | 10:11:30 | 1,751,645 | 9.4 | 16,465,463 |
| Total | 3,656,546 | 34,409,631 |
The buyback programme is in effect from 21 October 2019 until and including 14 February 2020.Kvika held 0 own shares prior to the notified transactons and has purchased a total of 3,656,546 under the buyback programme, which corresponds to 0.19% of issued shares in the company. Total purchase price is 34,409,631 ISK. Buyback under the programme will amount to a maximum of 50,000,000 million shares, or the equivalent of 2.6% of issued shares.The trade is in accordance with Kvika's buyback programme, announced on 21 October 2019 and based on the authorisation of a shareholders' meeting of Kvika held on 14 March 2019.
The buyback programme was executed in accordance with Chapter VIII. of Act No. 2/1995 on Public Limited Companies and Chapter II of the Annex to Regulation No. 630/2005 on Inside Information and Market Abuse, “Trade in own shares under buy-back programmes and the stabilisation of financial instruments”, with later amendments.
Further information: Halldór Karl Högnason, Head of Treasury via tel. (+354) 540 3200.