Origo hf. commences an Equity Buyback Plan under the authorization approved on March 3, 2022.
On November 8, 2022, the company announced a share repurchase program. Under the program, the company will repurchase 4,000,000, representing 0,92% of its issued share capital for ISK 350 million. The price for each share shall be a maximum of the highest price in the last independent transaction or the highest available independent bid offer in the Nasdaq Iceland trading system, whichever is higher. The repurchases will commence from November 9, 2022 and is valid till March 1, 2023. As of November 8, 2022, the company had 4,066,935 shares in treasury.