Business
Festi hf.: Buyback program week 10 - end of buyback
In week 10 2026, Festi purchased in total 250,000 own shares for total amount of 84,400,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase priceWeek 102.3.202612:53 50.000340,00 17.000.000Week 103.3.202611:36 100.000336,00 33.600.000Week 104.3.202613:27 100.000338,00 33.800.000 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
About this update from Festi Hf.
In week 10 2026, Festi purchased in total 250,000 own shares for total amount of 84,400,000 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 4,950,000 own shares or 1.58% of issued shares. The share buyback program has now been completed. Festi bought in total 2,453,774 own shares for 823,273,920 ISK and holds today 5,200,000 own shares or 1.66% 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] ).