Business
Festi hf.: Buyback program week 40
In week 40 2025, Festi purchased in total 160,000 own shares for total amount of 48,740,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase price4029.9.202513:52:5750.00030615.300.0004030.9.202513:31:5850.00030415.200.000 401.10.202511:57:0030.0003049.120.000402.10.202512:44:4330.0003049.120.000 160.000 48.740.000 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
About this update from Festi Hf.
In week 40 2025, Festi purchased in total 160,000 own shares for total amount of 48,740,000 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 2,306,226 own shares or 0.74% of issued shares. Festi has now bought in total 2,220,000 own shares for 667,500,000 ISK and holds today 2,466,226 own shares or 0.79% 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. ( [email protected] ).