In week 43 2025, Festi purchased in total 39,373 own shares for total amount of 12,323,749 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
43 | 20.10.2025 | 10:53:10 | 39.373 | 313 | 12.323.749 |
39.373 | 12.323.749 |
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.
The share buyback program has now been completed.
Before the purchase Festi held 2,706,853 own shares or 0.87% of issued shares. Festi bought in total 2,500,000 own shares for 754,454,984 ISK and holds today 2,746,226 own shares or 0.88% of issued shares.
This announcement of purchase of own shares is in accordance with the buyback program announced 27 June 2025 to Nasdaq OMX 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 800 million ISK purchase price.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).
