Festi hf.: Buyback program week 8
In week 8 2026, Festi purchased in total 195,000 own shares for total amount of 65,645,000 ISK as follows:
|
|
| Purchased | Share | Purchase |
Week | Date | Time | shares | Price | price |
Vika 8 | 16.2.2026 | 13:17 | 75.000 | 333,00 | 24.975.000 |
Vika 8 | 17.2.2026 | 14:12 | 50.000 | 336,00 | 16.800.000 |
Vika 8 | 18.2.2026 | 11:49 | 35.000 | 342,00 | 11.970.000 |
Vika 8 | 19.2.2026 | 12:40 | 35.000 | 340,00 | 11.900.000 |
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 4,570,000 own shares or 1.46% of issued shares. Festi has now bought in total 2,018,774 own shares for 675,083,920 ISK and holds today 4,765,000 own shares or 1.52% 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. ([email protected]).