In week 35 2025, Festi purchased in total 170,000 own shares for total amount of 50,595,000 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
35 | 25.8.2025 | 13:16:58 | 40.000 | 301,00 | 12.040.000 |
35 | 26.8.2025 | 13:54:46 | 40.000 | 299,00 | 11.960.000 |
35 | 27.8.2025 | 10:10:31 | 30.000 | 297,00 | 8.910.000 |
35 | 28.8.2025 | 13:47:33 | 30.000 | 296,50 | 8.895.000 |
35 | 29.8.2025 | 10:28:29 | 30.000 | 293,00 | 8.790.000 |
170.000 | 50.595.000 |
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 1,561,226 own shares or 0.5% of issued shares. Festi has now bought in total 1,485,000 own shares for 443,670,000 ISK and holds today 1,731,226 own shares or 0.55% 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. ([email protected]).
Please visit:
Our Sponsor