Tuesday, 02 January 2024 12:17 GMT

Festi Hf.: Transactions In Relation To A Share Repurchase Programme - Week 36


(MENAFN- GlobeNewsWire - Nasdaq) In week 36 2026, Festi purchased in total 185,213 own shares for total amount of 56,487,039 ISK as follows:

Week Date Time Purchased shares Share price Purchase price
36 31.8.2026 11:27:21 75.000 304,5 22.837.500
36 2.9.2026 12:44:08 147 303,0 44.541
36 2.9.2026 13:10:09 50.000 304,5 15.225.000
36 2.9.2026 13:26:10 66 303,0 19.998
36 4.9.2026 13:16:34 39.706 306,0 12.150.036
36 4.9.2026 13:16:34 10.000 306,0 3.060.000
36 4.9.2026 14:31:45 10.294 306,0 3.149.964
185.213 56.487.039

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 Commission Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before these purchases, Festi held 5,543,864 own shares, corresponding to 1.77% of the issued share capital. Festi has now purchased a total of 2,050,213 own shares for 635,682,039 ISK and currently holds 5,729,077 own shares, corresponding to 1.83% of the issued share capital. This is an announcement of Festi's purchase of own shares in accordance with the buyback program announced on 1 July 2026 in an announcement to Nasdaq Iceland. The program envisages the buyback of up to 3,000,000 own shares, corresponding to 0.96% of the issued share capital, provided that the total purchase price under the program shall not exceed ISK 1,000 million.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (... ).


MENAFN07092026004107003653ID1111630128



GlobeNewsWire - Nasdaq

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.



More Story