In week 2 2026, Festi purchased in total 195,000 own shares for total amount of 63,850,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
Week 2 | 5.1.2025 | 12:07 | 35.000 | 326,00 | 11.410.000 |
Week 2 | 6.1.2025 | 14:13 | 40.000 | 326,00 | 13.040.000 |
Week 2 | 7.1.2026 | 14:13 | 40.000 | 325 | 13.000.000 |
Week 2 | 9.1.2026 | 13:13 | 80.000 | 330 | 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 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. (mki@festi.is).