Festi Hf.: Buyback Program Week 40

2025-10-06 04:46:08

(MENAFN- GlobeNewsWire - Nasdaq) In week 40 2025, Festi purchased in total 160,000 own shares for total amount of 48,740,000 ISK as follows:

Week	Date	Time	Purchased shares	Share price	Purchase price
40	29.9.2025	13:52:57	50.000	306	15.300.000
40	30.9.2025	13:31:58	50.000	304	15.200.000
40	1.10.2025	11:57:00	30.000	304	9.120.000
40	2.10.2025	12:44:43	30.000	304	9.120.000
			160.000		48.740.000

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 2,306,226 own shares or 0.74% of issued shares. Festi has now bought in total 2,220,000 own shares for 667,500,000 ISK and holds today 2,466,226 own shares or 0.79% 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. (... ).

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