Origo hf. commences an Equity Buyback Plan under the authorization approved on March 4, 2021.
On February 3, 2022, the company announced a share repurchase program. Under the program, the company will repurchase 4,350,000, representing 1% of its issued share capital for ISK 300 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 February 7, 2022 and is valid till July 31, 2022. As of February 3, 2022, the company had 132,940 shares in treasury.