Festi hf.: Buyback program week 50
In week 50 2025, Festi purchased in total 210,000 own shares for total amount of 69,525,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
Week 50 | 8.12.2025 | 10:48 | 50.000 | 334,00 | 16.700.000 |
Week 50 | 9.12.2025 | 10:49 | 50.000 | 332,00 | 16.600.000 |
Week 50 | 10.12.2025 | 13:02 | 50.000 | 330,00 | 16.500.000 |
Week 50 | 11.12.2025 | 10:59 | 35.000 | 330,00 | 11.550.000 |
Week 50 | 12.12.2025 | 14:58 | 25.000 | 327,00 | 8.175.000 |
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 2,850,000 own shares or 0.91% of issued shares. Festi has now bought in total 313,774 own shares for 103,950,420 ISK and holds today 3,060,000 own shares or 0.98% 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).