Monday, April 28, 2025
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Heimar hf.: Regular Notification of Share Buybacks in Accordance with the Buyback Program

In week 17, Heimar hf. (“Heimar”) purchased 3,000,000 own shares at a total purchase price of ISK 106,750,000, as follows: 

Date Time Shares Purchased  Transaction Price (Rate)  Purchase Price (ISK) 
22.4.2025  10:48  500,000  34.9  17,450,000 
23.4.2025  10:46  500,000  35.4  17,700,000 
23.4.2025  10:56  1,000,000  35.4  35,400,000 
25.4.2025  14:20   1,000,000  36.2  36,200,000 
Total   3,000,000    106,750,000 

The transactions are in accordance with Heimar’s buyback program, which was announced on April 8, 2025. According to the program, the buybacks will amount to a maximum of ISK 500,000,000 in total, and the program will remain in effect until that limit is reached, but no later than the company’s 2026 Annual General Meeting. 

Heimar owned 3,645,000 shares prior to the above transactions, and following these purchases, now holds 6,645,000 shares, or approximately 0.37% of the company’s issued shares, with a total purchase price of ISK 233,164,000. 

The execution of the buyback program will comply with the Icelandic Public Limited Companies Act, No. 2/1995, Article 5 of the European Parliament and Council Regulation (EU) No. 596/2014 on Market Abuse, as referred to in the Icelandic Act on Measures Against Market Abuse, No. 60/2021, as well as the European Commission’s delegated regulation No. 2016/1052/EU, which contains technical terms related to buyback programs.

Please note that in case of discrepancy in the English and the Icelandic versions, the Icelandic version shall prevail.

For further information, please contact:
Björn Eyþór Benediktsson – Chief Financial Officer – [email protected]

 

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