In week 33 2025, Festi purchased in total 170,000 own shares for total amount of 50,990,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
33 | 12.8.2025 | 10:19:14 | 65.000 | 300 | 19.500.000 |
33 | 13.8.2025 | 15:28:27 | 40.000 | 303 | 12.120.000 |
33 | 14.8.2025 | 13:49:00 | 35.000 | 298 | 10.430.000 |
33 | 15.8.2025 | 10:48:19 | 30.000 | 298 | 8.940.000 |
170.000 | 50.990.000 |
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 1,226,226 own shares or 0.39% of issued shares. Festi has now bought in total 1,150,000 own shares for 343,770,000 ISK and holds today 1,396,226 own shares or 0.45% of issued shares. This announcement of purchase of own shares is in accordance with the buyback program announced 27 June 2025 to Nasdaq OMX 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 800 million ISK purchase price.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).