Brief: Islandsbanki Proposes Dividend Payment Of ISK 12.1 Bln

Islandsbanki hf

13/02/2025 15:44

Feb 13 (Reuters) - Islandsbanki hf  ISB.IC :
    * DIVIDEND PAYMENT PROPOSAL TOTAL OF ISK 12.1 BILLION
    * RECEIVED AUTHORISATION FOR BUY-BACK OF UP TO ISK 15
BILLION
MARKET VALUE OF SHARES
    * WILL SEEK RENEWED AUTHORISATION TO BUY BACK OWN SHARES AT
2025
AGM TO LEGALLY ALLOWED EXTENT
    * IMPLEMENTATION OF CRR3 IN 2025 SEEN TO REDUCE BANK'S REA
BY UP
TO 4-5% AT IMPLEMENTATION, GROW SLIGHTLY THROUGH 2025
    * CRR3 IS EXPECTED TO INCREASE TOTAL CAPITAL RATIO BY 110BPS
TO
24.3%
    * CET1 RATIO IS EXPECTED TO GROW BY 100BPS TO 21.1%

Source text:  ID:nMFN5nngr 
Further company coverage:  ISB.IC 

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