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In week 31 2025, Festi purchased in total 140,000 own shares for total amount of 42,700,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
31 | 28.7.2025 | 15:06:00 | 35.000 | 305 | 10.675.000 |
31 | 30.7.2025 | 11:37:29 | 65.000 | 305 | 19.825.000 |
31 | 31.7.2025 | 11:26:16 | 40.000 | 305 | 12.200.000 |
|
|
| 140.000 |
| 42.700.000 |
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 926,226 own shares or 0.30% of issued shares. Festi has now bought in total 820,000 own shares for 244,640,000 ISK and holds today 1,066,226 own shares or 0.34% 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).
