tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Arion Bank Lifts Treasury Stake to 2.66% Through Ongoing Share Buyback

Story Highlights
  • Arion Bank repurchased 1.05 million shares and 15,000 SDRs, raising its treasury holding to 2.66 percent of issued capital.
  • The buyback programme allows repurchases of up to 1.82 percent of capital, capped at ISK 5 billion and conducted under Icelandic, Swedish and EU rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Arion Bank Lifts Treasury Stake to 2.66% Through Ongoing Share Buyback

Claim 50% Off TipRanks Premium

Arion Banki hf Shs Swedish DR ( (SE:ARION) ) has issued an update.

Arion Bank has continued its previously announced share buyback programme, repurchasing 1,050,000 own shares on Nasdaq Iceland for ISK 215 million and 15,000 Swedish Depository Receipts on Nasdaq Stockholm for SEK 225,750 during the third week of 2026. Following these transactions, the bank holds 37,804,576 own shares and SDRs, equivalent to 2.66% of its issued share capital, and has outlined capacity to repurchase up to a total of 1.82% of current issued capital across the Icelandic and Swedish markets under the programme, which is capped at ISK 5 billion in aggregate and is being executed in line with Icelandic, Swedish and EU market abuse and market manipulation regulations.

More about Arion Banki hf Shs Swedish DR

Arion Bank is an Icelandic financial institution headquartered in Reykjavik, operating as a commercial bank with shares listed on Nasdaq Iceland and Swedish Depository Receipts traded on Nasdaq Stockholm, serving retail and corporate clients in both its domestic and Nordic markets.

Average Trading Volume: 46,900

Technical Sentiment Signal: Buy

Current Market Cap: SEK20.74B

For detailed information about ARION stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1