Business
Festi hf.: Buyback program week 2
In week 2 2026, Festi purchased in total 195,000 own shares for total amount of 63,850,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase priceWeek 25.1.202512:07 35.000326,00 11.410.000Week 26.1.202514:13 40.000326,00 13.040.000Week 27.1.202614:13 40.000325 13.000.000Week 29.1.202613:13 80.000330 26.400.000 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 C
About this update from Festi Hf.
In week 2 2026, Festi purchased in total 195,000 own shares for total amount of 63,850,000 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 3,580,000 own shares or 1.15% of issued shares. Festi has now bought in total 1,028,774 own shares for 336,395,420 ISK and holds today 3,775,000 own shares or 1.21% 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] ).