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

2025-09-29 04:46:23

(MENAFN- GlobeNewsWire - Nasdaq) In week 39 of 2025, Kaldalón hf. purchased 500,000 of its own shares for a total consideration of ISK 12,000,000 as detailed below:

Date	Time	Purchased Shares	Share Price	Purchase Price	Own Shares after Transaction
24.9.2025	10:35:43	20,420	24.0	490,080	13,385,078
24.9.2025	10:58:40	10,000	24.0	240,000	13,395,078
24.9.2025	12:26:25	4,084	24.0	98,016	13,399,162
24.9.2025	14:01:58	4,084	24.0	98,016	13,403,246
24.9.2025	15:02:53	8,205	24.0	196,920	13,411,451
24.9.2025	15:12:28	203,207	24.0	4,876,968	13,614,658
25.9.2025	14:24:45	108,365	24.0	2,600,760	13,723,023
25.9.2025	14:25:19	141,635	24.0	3,399,240	13,864,658
		500,000		12,000,000

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 13,364,658 of its own shares. Following the purchases, the company holds a total of 13,864,658 treasury shares, corresponding to 1.28% of the company's total issued share capital.

To date, Kaldalón hf. has purchased a total of 13,864,658 own shares under the program, equivalent to 1.28% of issued share capital, for a total purchase price of ISK 341,520,236.

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
...

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