Festi hf.: Buyback program week 41
In week 41 2025, Festi purchased in total 160,627 own shares for total amount of 49,671,235 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
41 | 6.10.2025 | 11:55:20 | 10.627 | 305 | 3.241.235 |
41 | 7.10.2025 | 10:07:02 | 50.000 | 306 | 15.300.000 |
41 | 8.10.2025 | 13:28:12 | 40.000 | 308 | 12.320.000 |
41 | 9.10.2025 | 11:41:33 | 30.000 | 314 | 9.420.000 |
41 | 10.10.2025 | 10:45:49 | 30.000 | 313 | 9.390.000 |
160.627 | 49.671.235 |
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 2,466,226 own shares or 0.79% of issued shares. Festi has now bought in total 2,380,627 own shares for 717,171,235 ISK and holds today 2,626,853 own shares or 0.84% 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. ().
