Business
Festi hf.: Buyback program week 7
In week 7 2026, Festi purchased in total 135,000 own shares for total amount of 46,145,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase priceWeek 709/02/202610:38 35.000342,00 11.970.000Week 710/02/202610:42 50.000342,00 17.100.000Week 711/02/202614:49 25.000343,00 8.575.000Week 712/02/202614:55 25.000340,00 8.500.000 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
About this update from Festi Hf.
In week 7 2026, Festi purchased in total 135,000 own shares for total amount of 46,145,000 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 4,435,000 own shares or 1.42% of issued shares. Festi has now bought in total 1,823,774 own shares for 609,438,920 ISK and holds today 4,570,000 own shares or 1.46% 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] ).