Kaldalón Hf.: Routine Announcement Regarding Share Buybacks Pursuant To Buyback Program

2025-09-01 04:46:16

(MENAFN- GlobeNewsWire - Nasdaq) In week 35 of 2025, Kaldalón hf. purchased 1,400,000 of its own shares for a total consideration of ISK 34,290,000 as detailed below:

Date	Time	Purchased Shares	Share Price	Purchase Price	Own Shares after Transaction
26.8.2025	14:24:37	200.000	25,2	5.040.000	10.319.837
26.8.2025	14:33:40	150.000	25,0	3.750.000	10.469.837
27.8.2025	10:12:48	350.000	24,8	8.680.000	10.819.837
28.8.2025	10:08:35	344.745	24,2	8.342.829	11.164.582
28.8.2025	10:08:45	5.255	24,2	127.171	11.169.837
28.8.2025	11:06:16	46.833	24,2	1.133.359	11.216.670
28.8.2025	14:56:12	145	24,2	3.509	11.216.815
28.8.2025	15:06:58	3.022	24,2	73.132	11.219.837
29.8.2025	13:50:10	300.000	23,8	7.140.000	11.519.837
		1.400.000		34.290.000

These transactions were carried out in accordance with the share buyback program announced by Kaldalón hf. on 30 June 2025 and published on the Nasdaq Iceland stock exchange. Under the terms of the program, the Company may repurchase up to a maximum of 15,000,000 shares, provided that the total consideration does not exceed ISK 350,000,000. The buyback program commenced on Tuesday, 1 July 2025, and will remain in effect until either of the aforementioned thresholds (volume or amount) is reached, but in any case no later than 31 December 2025.

Prior to these transactions, Kaldalón hf. held 10,119,837 of its own shares. Following the purchases, the company holds a total of 11,519,837 treasury shares, corresponding to 1.06% of the company's total issued share capital.

To date, Kaldalón hf. has purchased a total of 11,519,837 own shares under the program, equivalent to 1.06% of issued share capital, for a total purchase price of ISK 284,904,532.

The buyback program is conducted in accordance with the Icelandic Companies Act No. 2/1995, Article 5 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse, as incorporated into Icelandic law by Act No. 60/2021 on measures against market abuse, and Commission Delegated Regulation (EU) 2016/1052 which sets out technical standards for buyback programs.

For further information, please contact:
Jón Þór Gunnarsson, CEO
...

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