Business
Festi hf.: Buyback program week 3
In week 3 2026, Festi purchased in total 197,000 own shares for total amount of 67,066,500 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase priceWeek 312.1.202613:39 35.000336 11.760.000Week 313.1.202614:00 46.500335 15.577.500Week 314.1.202615:00 25.500338 8.619.000Week 315.1.202614:48 30.000339 10.170.000Week 316.1.202614:37 60.000349 20.940.000 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation o
About this update from Festi Hf.
In week 3 2026, Festi purchased in total 197,000 own shares for total amount of 67,066,500 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 3,775,000 own shares or 1.21% of issued shares. Festi has now bought in total 1,225,774 own shares for 403,461,920 ISK and holds today 3,972,000 own shares or 1.27% 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] ).