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Festi hf.: Buyback program week 32

In week 32 2025, Festi purchased in total 160,000 own shares for total amount of 48,140,000 ISK as follows:

Week Date Time Purchased shares Share price Purchase price
32 5.8.2025 13:21:22 50.000 302 15.100.000
32 6.8.2025 10:02:45 40.000 301 12.040.000
32 8.8.2025 10:13:54 70.000 300 21.000.000
      160.000   48.140.000

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 1,066,226 own shares or 0.34% of issued shares. Festi has now bought in total 980,000 own shares for 292,780,000 ISK and holds today 1,226,226 own shares or 0.39% 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]).

 

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