Kaldalón hf. Shares Buyback Program Detailed Overview

Author: Dominic Sanders Updated: 08-25-2025 05:00 AM

Kaldalón hf. Shares Buyback Program Overview

Recently, Kaldalón hf. has taken significant steps in executing its share buyback program by repurchasing 950,000 of its own shares for a total of ISK 23,390,000. This strategic move reflects the company's commitment to enhancing shareholder value and improving market performance.

Details of Recent Share Transactions

During this initiative, various transactions were conducted as follows:

Transaction Summaries

On a specific occasion, Kaldalón hf. executed a series of buybacks on the same date, allowing for a detailed breakdown:

Date: 18.8.2025. Shares Purchased: 295,298, Share Price: 24.6 ISK, Purchase Price: 7,264,331 ISK.
Date: 19.8.2025. Shares Purchased: 298,935, Share Price: 24.2 ISK, Purchase Price: 7,234,227 ISK.
Date: 22.8.2025. Shares Purchased: 91,230, Share Price: 25.0 ISK, Purchase Price: 2,280,750 ISK.
Total Shares Purchased in This Week: 950,000 at an aggregate purchase price of ISK 23,390,000.

Regulatory Compliance of the Buyback Program

The buyback program, which started on July 1, 2025, is fully in compliance with the Icelandic Companies Act and Regulations set forth by the European Parliament regarding market abuse. This demonstrates Kaldalón hf.'s commitment to adhering to best practices and maintaining transparency.

Impact on Share Capital

Before these recent buybacks, Kaldalón hf. held a total of 9,169,837 shares, but after the purchases, the number of treasury shares rose to 10,119,837. This now corresponds to approximately 0.93% of the company’s issued share capital, aiming to enhance the overall market presence of Kaldalón hf.

What This Means for Investors

The recurring buybacks signal robust financial health, aimed at stabilizing the stock price while providing existing shareholders additional value. It reflects the management's confidence in the company's growth trajectory and overall performance.

Looking Ahead

With the buyback program allowing for repurchases up to a maximum of 15,000,000 shares and a total spend cap of ISK 350,000,000, stakeholders can anticipate further developments in the coming months as the program progresses. The initiative is designed to end once the designated thresholds are achieved or by December 31, 2025, whichever comes first.

Contact Information

For any inquiries regarding the buyback program or further information, please reach out to:

Jón Þór Gunnarsson, CEO
Email: jon.gunnarsson@kaldalon.is

Frequently Asked Questions

What is the purpose of Kaldalón hf.'s share buyback program?

The program aims to boost shareholder value and stabilize share prices.

How many shares have been repurchased under the buyback program?

A total of 10,119,837 shares have been purchased so far.

What is the total expenditure for the share buybacks?

Kaldalón hf. has spent ISK 250,618,532 on share repurchases.

What is the maximum number of shares that can be repurchased?

The program allows for a maximum repurchase of 15,000,000 shares.

When does the share buyback program expire?

The program is set to conclude by December 31, 2025, unless earlier thresholds are met.

About The Author

Dominic Sanders here, a writer and financial specialist committed to helping my readers understand the world of finance. Having a strong financial background and a lot of experience, I concentrate on using my blog posts and articles to translate difficult financial subjects into understandable, doable advice. My goal in writing is to arm you with the information and skills need to make wise financial choices.

Writing for several financial blogs has let me interact with a wide range of readers, from novice investors seeking new perspectives to seasoned investors. My mission is to make money understandable and approachable so you may confidently take charge of your financial future. I appreciate you walking this road with me to success and financial literacy.

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