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In week 29 2025, Festi purchased in total 170,000 own shares for total amount of 50,890,000 ISK as follows:
WeekDateTimePurchased sharesShare pricePurchase price2914.7.202510:45:0450.00029714.850.0002916.7.202510:46:1870.00029720.790.0002917.7.202515:13:0250.00030515.250.000 170.000 50.890.000 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 Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.
Before the purchase Festi held 561,226 own shares or 0.18% of issued shares. Festi has now bought in total 485,000 own shares for 142,165,000 ISK and holds today 731,226 own shares or 0.23% 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. ([email protected]).
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