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

2025-11-17 04:02:24

(MENAFN- GlobeNewsWire - Nasdaq) In week 46 of 2025, Kaldalón hf. purchased 1,544,666 of its own shares for a total consideration of ISK 39,932,383 as detailed below

Date	Time	Purchased Shares	Share Price	Purchase Price	Own Shares after Transaction
10.11.2025	14:29:32	400,000	26.00	10,400,000	16,739,921
11.11.2025	10:22:25	39	25.80	1,006	16,739,960
11.11.2025	14:33:07	17,701	25.80	456,686	16,757,661
11.11.2025	14:37:21	382,260	25.80	9,862,308	17,139,921
12.11.2025	11:06:45	376,746	25.80	9,720,047	17,516,667
12.11.2025	12:08:47	4,480	25.80	115,584	17,521,147
12.11.2025	13:09:49	4,480	25.80	115,584	17,525,627
12.11.2025	14:27:23	4,480	25.80	115,584	17,530,107
12.11.2025	15:15:32	4,480	25.80	115,584	17,534,587
14.11.2025	13:50:52	350,000	25.80	9,030,000	17,884,587
		1,544,666		17,884,587

These transactions were carried out in accordance with the share buyback program announced by Kaldalón hf. on 28 October 2025 and published on the Nasdaq Iceland stock exchange. Under the terms of the program, the Company may repurchase up to a maximum of 9,000,000 shares, provided that the total consideration does not exceed ISK 250,000,000. The buyback program commenced on Wednesday, 29 October 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 16,339,921 of its own shares. Following the purchases, the company holds a total of 17,884,587 treasury shares, corresponding to 1.65% of the company's total issued share capital.

To date, Kaldalón hf. has purchased a total of 3,694,666 own shares under the program, equivalent to 0.34% of issued share capital, for a total purchase price of ISK 96,632,383.

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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