Business
Festi hf.: Buyback program week 1
In week 1 2026, Festi purchased in total 170,000 own shares for total amount of 55,285,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase priceWeek 129.12.202513:42 75.000326,00 24.450.000Week 130.12.202511:55 55.000325,00 17.875.000Week 12.1.202513:11 40.000324,00 12.960.000 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 ab
About this update from Festi Hf.
In week 1 2026, Festi purchased in total 170,000 own shares for total amount of 55,285,000 ISK as follows: 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 3,410,000 own shares or 1.09% of issued shares. Festi has now bought in total 833,774 own shares for 272,545,420 ISK and holds today 3,580,000 own shares or 1.15% 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] ).