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

2025-09-22 06:16:28

(MENAFN- GlobeNewsWire - Nasdaq) In week 38 of 2025, Kaldalón hf. purchased 728,821 of its own shares for a total consideration of ISK 17,641,704 as detailed below:

Date	Time	Purchased Shares	Share Price	Purchase Price	Own Shares after Transaction
16.9.2025	09:56:47	4,207	24.4	102,651	12,640,044
16.9.2025	09:56:48	4,207	24.4	102,651	12,644,251
16.9.2025	10:52:15	241,586	24.4	5,894,698	12,885,837
16.9.2025	14:27:03	4,207	24.2	101,809	12,890,044
16.9.2025	14:27:03	4,207	24.2	101,809	12,894,251
16.9.2025	15:14:48	4,206	24.2	101,785	12,898,457
16.9.2025	15:14:49	4,206	24.2	101,785	12,902,663
16.9.2025	15:15:05	233,174	24.2	5,642,811	13,135,837
18.9.2025	15:29:56	13,633	24.0	327,192	13,149,470
18.9.2025	15:29:56	168,360	24.0	4,040,640	13,317,830
18.9.2025	15:30:15	46,828	24.0	1,123,872	13,364,658
		728,821		17,641,704

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 12,635,837 of its own shares. Following the purchases, the company holds a total of 13,364,658 treasury shares, corresponding to 1.23% of the company's total issued share capital.

To date, Kaldalón hf. has purchased a total of 13,364,658 own shares under the program, equivalent to 1.23% of issued share capital, for a total purchase price of ISK 329,520,236.

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
...

MENAFN22092025004107003653ID1110093094

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.