In week 39 2026, Festi purchased in total 300,000 own shares for total amount of 90,487,500 ISK as follows:
Week | Date | Time | Purchased shares | Share price | Purchase price | |||||
39 | 21.9.2026 | 14:20:21 | 75.000 | 304,0 | 22.800.000 | |||||
39 | 23.9.2026 | 11:23:02 | 75.000 | 302,0 | 22.650.000 | |||||
39 | 24.9.2026 | 13:31:26 | 75.000 | 300,0 | 22.500.000 | |||||
39 | 25.9.2026 | 10:53:52 | 75.000 | 300,5 | 22.537.500 | |||||
300.000 | 90.487.500 | |||||||||
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 6,168,309 own shares, corresponding to 1.97% of the issued share capital. Festi has now purchased a total of 2,789,445 own shares for 858,930,103 ISK and currently holds 6,468,309 own shares, corresponding to 2.07% 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]).