Origo hf. (ICSE:ORIGO) commences share repurchases on November 9, 2022, under the program mandated by the Annual General Meeting held on March 3, 2022. As per the mandate, the company is authorized to repurchase it shares such that the company's holding along with its subsidiaries in treasury together with the shares repurchased does not exceed 10% of its issued share capital. The program is valid for 18 months.

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.