Business
Festi hf.: Buyback program week 50
In week 50 2025, Festi purchased in total 210,000 own shares for total amount of 69,525,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase priceWeek 508.12.202510:48 50.000334,00 16.700.000Week 509.12.202510:49 50.000332,00 16.600.000Week 5010.12.202513:02 50.000330,00 16.500.000Week 5011.12.202510:59 35.000330,00 11.550.000Week 5012.12.202514:58 25.000327,00 8.175.000 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Artic
About this update from Festi Hf.
In week 50 2025, Festi purchased in total 210,000 own shares for total amount of 69,525,000 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 2,850,000 own shares or 0.91% of issued shares. Festi has now bought in total 313,774 own shares for 103,950,420 ISK and holds today 3,060,000 own shares or 0.98% 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] ).