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In week 27 2025, Festi purchased in total 165,000 own shares for total amount of 47,025,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
27 | 30.6.2025 | 13:13:58 | 50.000 | 285,00 | 14.250.000 |
27 | 1.7.2025 | 11:13:07 | 40.000 | 285 | 11.400.000 |
27 | 2.7.2025 | 11:07:38 | 50.000 | 285 | 14.250.000 |
27 | 3.7.2025 | 10:14:39 | 25.000 | 285 | 7.125.000 |
|
|
| 165.000 |
| 47.025.000 |
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 246,226 own shares or 0.08% of issued shares. Festi has now bought in total 165,000 own shares for 47,025,000 ISK and holds today 411,226 own shares or 0.13% 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. (mki@festi.is).
