In week 30 2026, Festi purchased in total 225,000 own shares for total amount of 70,462,500 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
30 | 20.7.2026 | 14:29:00 | 75.000 | 313,0 | 23.475.000 |
30 | 21.7.2026 | 14:24:35 | 75.000 | 313,5 | 23.512.500 |
30 | 24.7.2026 | 10:55:22 | 75.000 | 313,0 | 23.475.000 |
225.000 | 70.462.500 |
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 Commission Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.
Before these purchases, Festi held 4,303,864 own shares, corresponding to 1.38% of the issued share capital. Festi has now purchased a total of 850,000 own shares for 266,742,500 ISK and currently holds 4,528,864 own shares, corresponding to 1.45% of the issued share capital. This is an announcement of Festi's purchase of own shares in accordance with the buyback program announced on 1 July 2026 in an announcement to Nasdaq Iceland. The program envisages the buyback of up to 3,000,000 own shares, corresponding to 0.96% of the issued share capital, provided that the total purchase price under the program shall not exceed ISK 1,000 million.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).