Skel fjárfestingafélag hf. commences an Equity Buyback Plan under the authorization approved on March 9, 2023.
On July 12, 2023, the company initiated a Market Repurchase. Under the plan the company will repurchase 18,518,518 shares, representing 0.956% of its issued share capital not exceeding ISK 250 million. The program will start on July 13, 2023 and remain in force until December 31, 2023 unless the conditions on the maximum amount will be met before that time.