Festi hf.: Buy-back programme week 34 - end of buy-back
In week 34, Festi purchased in total 110,000 own shares for total amount of 24,530,000 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
| 34 | 21.8.2022 | 15:06:02 | 110.000 | 223 | 24.530.000 | 5.000.000 | 1.096.525.000 |
| 110.000 | 24.530.000 |
This announcement of purchase of own shares is in accordance with the buy-back programme announced 21 June 2022 to Nasdaq OMX Iceland. Festi has purchased in total 5,000,000 own shares for 1,096,525,000 ISK and has finished the buy-back.
Before the purchase Festi held no own shares but owns now 5,000,000 own shares or 1.60% of issued shares.
The execution of the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995, Article 5 of the Regulation of the European parliament and of the Council (EU) on Market Fraud No. 60/2021, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. ().
