In week 31 2026, Festi purchased in total 150,000 own shares for total amount of 46,462,500 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price |
31 | 28.7.2026 | 13:48:31 | 75.000 | 312,0 | 23.400.000 |
31 | 31.7.2026 | 10:34:57 | 75.000 | 307,5 | 23.062.500 |
150.000 | 46.462.500 |
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 4,528,864 own shares, corresponding to 1.45% of the issued share capital. Festi has now purchased a total of 1,000,000 own shares for 313,205,000 ISK and currently holds 4,678,864 own shares, corresponding to 1.50% 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]).