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Festi hf.: Buyback program week 41
Business
Oct 13 2025
Less than 1 min read

Festi hf.: Buyback program week 41

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In week 41 2025, Festi purchased in total 160,627 own shares for total amount of 49,671,235 ISK as follows:

Week

Date

Time

Purchased shares

Share price

Purchase price

41

6.10.2025

11:55:20

10.627

305

3.241.235

41

7.10.2025

10:07:02

50.000

306

15.300.000

41

8.10.2025

13:28:12

40.000

308

12.320.000

41

9.10.2025

11:41:33

30.000

314

9.420.000

41

10.10.2025

10:45:49

30.000

313

9.390.000

 

 

 

160.627

 

49.671.235

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 2,466,226 own shares or 0.79% of issued shares. Festi has now bought in total 2,380,627 own shares for 717,171,235 ISK and holds today 2,626,853 own shares or 0.84% 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).


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