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Festi Hf.
Festi hf.: Buyback program week 3
Business
Jan 19 2026
Less than 1 min read

Festi hf.: Buyback program week 3

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In week 3 2026, Festi purchased in total 197,000 own shares for total amount of 67,066,500 ISK as follows:

Week

Date

Time

Purchased shares

Share price

Purchase price

Week 3

12.1.2026

13:39

35.000

336

11.760.000

Week 3

13.1.2026

14:00

46.500

335

15.577.500

Week 3

14.1.2026

15:00

25.500

338

8.619.000

Week 3

15.1.2026

14:48

30.000

339

10.170.000

Week 3

16.1.2026

14:37

60.000

349

20.940.000

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 3,775,000 own shares or 1.21% of issued shares. Festi has now bought in total 1,225,774 own shares for 403,461,920 ISK and holds today 3,972,000 own shares or 1.27% 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. (mki@festi.is).