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In week 28 2025, Festi purchased in total 150,000 own shares for total amount of 44,250,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
28 | 8.7.2025 | 12:12:50 | 50.000 | 294 | 14.700.000 |
28 | 9.7.2025 | 14:43:33 | 50.000 | 294 | 14.700.000 |
28 | 11.7.2025 | 11:16:45 | 50.000 | 297 | 14.850.000 |
|
|
| 150.000 |
| 44.250.000 |
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 411,226 own shares or 0.13% of issued shares. Festi has now bought in total 315,000 own shares for 91,275,000 ISK and holds today 561,226 own shares or 0.18% 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).
