In week 39 2025, Festi purchased in total 135,000 own shares for total amount of 41,310,000 ISK as follows:
WeekDateTimePurchased sharesShare pricePurchase price3923.9.202510:30:5350.00030715.350.000 3924.9.202514:38:1450.00030515.250.0003925.9.202514:57:0635.00030610.710.000 135.00041.310.000
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 2,171,226 own shares or 0.69% of issued shares. Festi has now bought in total 2,060,000 own shares for 618,760,000 ISK and holds today 2,306,226 own shares or 0.74% 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 39
Published 1 month ago
Sep 29, 2025 at 8:30 AM
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