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In week 30 2025, Festi purchased in total 195,000 own shares for total amount of 59,775,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
30 | 21.7.2025 | 11:19:46 | 30.000 | 312 | 9.360.000 |
30 | 22.7.2025 | 10:12:10 | 35.000 | 309 | 10.815.000 |
30 | 23.7.2025 | 10:12:20 | 40.000 | 307 | 12.280.000 |
30 | 24.7.2025 | 11:43:05 | 50.000 | 304 | 15.200.000 |
30 | 25.7.2025 | 10:14:10 | 40.000 | 303 | 12.120.000 |
|
|
| 195.000 |
| 59.775.000 |
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 731,226 own shares or 0.23% of issued shares. Festi has now bought in total 680,000 own shares for 201,940,000 ISK and holds today 926,226 own shares or 0.30% 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).
