Festi hf.OMXICE: FESTI

Festi hf.: Transactions in relation to a share repurchase programme - week 45

· Issued by Festi hf. via GlobeNewswire

Summary by 6ix AI

Festi purchased 60,000 of its own shares for 17,970,000 ISK in week 45 2026, in a single purchase on November 6, 2026 at a share price of 299.5, under its share buyback programme.

Key details

  • Before these purchases, Festi held 9,347,545 own shares, corresponding to 2.99% of the issued share capital; it now holds 9,407,545 own shares, corresponding to 3.01%.
  • Festi has purchased a total of 60,000 own shares for 17,970,000 ISK under the programme so far.
  • The programme was announced on November 5, 2026 to Nasdaq Iceland, the Icelandic stock exchange, and envisages buying back up to 3,200,000 own shares, corresponding to 1.02% of the issued share capital, with a total purchase price not exceeding ISK 1,000 million.

6ix AI wrote this summary from the release below and checked it against the release.

In week 45 2026, Festi purchased a total of 60,000 own shares for 17,970,000 ISK, as follows:

WeekDateTimePurchased sharesShare pricePurchase price
456.11.202614:21:5260,000299.517,970,000
60,00017,970,000

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 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 9,347,545 own shares, corresponding to 2.99% of the issued share capital. Festi has now purchased a total of 60,000 own shares for 17,970,000 ISK and currently holds 9,407,545 own shares, corresponding to 3.01% of the issued share capital. This is an announcement of Festi’s purchase of own shares in accordance with the buyback program announced on 5 November 2026 in an announcement to Nasdaq Iceland. The program envisages the buyback of up to 3,200,000 own shares, corresponding to 1.02% 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).

Festi hf. on 6ix

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