Heimar bought back shares under an ISK 500 million plan: what it means for Heimar stock

Published on 10/14/2026 at 00:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The company repurchased 1.16 million shares in week 41. For Heimar stock, 2026 purchases now total ISK 1.25 billion under the program.

Buyback plan and market dates

Heimar reported purchases under an ISK 500.0 million buyback program on October 12, 2026.
The company bought 1.16 million shares in week 41 and held 1.79 percent of issued shares.
The market-making agreement with Íslandsbanki ends on October 24, 2026.

Heimar, real estate, share buyback, market making, Nasdaq Iceland, Illustration mit AI erstellt.

Heimar had reported purchases under an ISK 500.0 million buyback program on October 12, 2026. According to Placera, Heimar stock was linked to purchases of 1.16 million shares for ISK 38.42 million in week 41.

Buyback and market-making timeline

On October 5, 2026, Heimar had reported 1,233,700 repurchased shares bought for ISK 41.21 million under the same program, according to Placera. The figures show that the October 12 notification covered a further weekly purchase cycle rather than a new program launch.

On October 9, 2026, Heimar had announced that its market-making agreement with Íslandsbanki would end on October 24, 2026, while its agreement with Landsbankinn would continue, according to Nasdaq Iceland.

What does the buyback mean?

Heimar said it held 35.29 million own shares after the week 41 purchases, equal to 1.79 percent of issued shares, according to Placera. The 2026 purchase total had reached ISK 1.25 billion by the date of that notification, giving the buyback a measurable effect on the company share count.

The program's stated ceiling is ISK 500.0 million in purchase price and its stated end point is the end of 2026. That makes the announced weekly volume and the accumulated share balance the clearest figures for assessing the program's scale.

What dates come next?

The October 24, 2026 termination date for the Íslandsbanki market-making agreement is the next dated corporate event identified in the recent announcements, while the buyback program is scheduled to continue no later than the end of 2026. Both dates were stated in the linked company notifications published through Nasdaq Iceland and Placera.

Nasdaq Iceland price context

Heimar was last quoted at ISK 32.60 on Nasdaq Iceland on October 13, 2026. The same quote showed a 52-week range of ISK 32.60 to ISK 39.20 and a market capitalization of ISK 63.6 billion, putting the latest price at the lower end of its reported annual range.

Market context: Latest market reports.