Tuesday, 02 January 2024 12:17 GMT

Festi Hf.: Transactions In Relation To A Share Repurchase Programme - Week 37


(MENAFN- GlobeNewsWire - Nasdaq) In week 37 2026, Festi purchased in total 239,232 own shares for total amount of 72,698,064 ISK as follows:

Week Date Time Purchased shares Share Price Purchase price
37 7.9.2026 10:33:36 75.000 305,0 22.875.000
37 8.9.2026 14:57:43 50.000 305,0 15.250.000
37 9.9.2026 10:42:01 75.000 303,0 22.725.000
37 10.9.2026 15:17:58 39.232 302,0 11.848.064
239.232 72.698.064

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 5,729,077 own shares, corresponding to 1.83% of the issued share capital. Festi has now purchased a total of 2,289,445 own shares for 708,380,103 ISK and currently holds 5,968,309 own shares, corresponding to 1.91% 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. (... ).


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