Business
Festi hf.: Buyback program week 51
In week 51 2025, Festi purchased in total 210,000 own shares for total amount of 68,360,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase priceWeek 5115.12.202512:48 35.000326,00 11.410.000Week 5116.12.202514:21 36.000326,00 11.736.000Week 5117.12.202510:37 39.000326,00 12.714.000Week 5118.12.202511:21 50.000325,00 16.250.000Week 5119.12.202514:02 50.000325,00 16.250.000 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Ar
About this update from Festi Hf.
In week 51 2025, Festi purchased in total 210,000 own shares for total amount of 68,360,000 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 3,060,000 own shares or 0.98% of issued shares. Festi has now bought in total 523,774 own shares for 172,310,420 ISK and holds today 3,270,000 own shares or 1.05% 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] ).