In week 33 2025, Festi purchased in total 170,000 own shares for total amount of 50,990,000 ISK as follows:
WeekDateTimePurchased sharesShare pricePurchase price3312.8.202510:19:1465.00030019.500.0003313.8.202515:28:2740.00030312.120.0003314.8.202513:49:0035.00029810.430.0003315.8.202510:48:1930.0002988.940.000 170.00050.990.000
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 1,226,226 own shares or 0.39% of issued shares. Festi has now bought in total 1,150,000 own shares for 343,770,000 ISK and holds today 1,396,226 own shares or 0.45% 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. ([email protected]).
Festi hf.: Buyback program week 33
Published 2 months ago
Aug 18, 2025 at 8:30 AM
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