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In week 10 2026, Festi purchased in total 250,000 own shares for total amount of 84,400,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
Week 10 | 2.3.2026 | 12:53 | 50.000 | 340,00 | 17.000.000 |
Week 10 | 3.3.2026 | 11:36 | 100.000 | 336,00 | 33.600.000 |
Week 10 | 4.3.2026 | 13:27 | 100.000 | 338,00 | 33.800.000 |
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 4,950,000 own shares or 1.58% of issued shares. The share buyback program has now been completed. Festi bought in total 2,453,774 own shares for 823,273,920 ISK and holds today 5,200,000 own shares or 1.66% of issued shares.
This announcement of purchase of own shares is in accordance with the buyback program announced 3 December 2025 to Nasdaq 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 825 million ISK purchase price.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. ([email protected]).
