Festi hf.OMXICE: FESTI

Festi hf.: Transactions in relation to a share repurchase programme – week 29

· Issued by Festi hf.

In week 29 2026, Festi purchased in total 310,000 own shares for total amount of 97,710,000 ISK as follows:

WeekDateTimePurchased sharesShare pricePurchase price
2913.7.202613:08:29 50.000 314,0 15.700.000
2914.7.202610:38:23 75.000 316,5 23.737.500
2915.7.202610:39:06 50.000 315,5 15.775.000
2915.7.202613:19:07 25.000 315,5 7.887.500
2916.7.202610:54:55 40.000 314,0 12.560.000
2917.7.202610:31:19 40.000 315,0 12.600.000
2917.7.202613:08:29 50.000 314,0 15.700.000
    310.000   97.710.000

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

Before these purchases, Festi held 3,993,864 own shares, corresponding to 1.28% of the issued share capital. Festi has now purchased a total of 625,000 own shares for 196,280,000 ISK and currently holds 4,303,864 own shares, corresponding to 1.38% 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. ([email protected]).


Festi hf. on 6ix

Story so far

Earlier from Festi hf

Later from Festi hf

All Festi hf news releases