Festi hf.: Buyback program week 29
In week 29 2025, Festi purchased in total 170,000 own shares for total amount of 50,890,000 ISK as follows:
| Week | Date | Time | Purchased shares | Share price | Purchase price |
| 29 | 14.7.2025 | 10:45:04 | 50.000 | 297 | 14.850.000 |
| 29 | 16.7.2025 | 10:46:18 | 70.000 | 297 | 20.790.000 |
| 29 | 17.7.2025 | 15:13:02 | 50.000 | 305 | 15.250.000 |
| 170.000 | 50.890.000 |
The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.
Before the purchase Festi held 561,226 own shares or 0.18% of issued shares. Festi has now bought in total 485,000 own shares for 142,165,000 ISK and holds today 731,226 own shares or 0.23% of issued shares. This announcement of purchase of own shares is in accordance with the buyback program announced 27 June 2025 to Nasdaq OMX Iceland. The program envisages the buyback of a total of 2,500,000 own shares or 0.80% of the issued shares, with the cap of 800 million ISK purchase price.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. ().
