Wednesday, May 7, 2025
spot_img

Heimar hf.: Regular Notification of Share Buybacks in Accordance with the Buyback Program

In week 18, Heimar hf. (“Heimar”) purchased 1,350,000 own shares at a total purchase price of 48,670,000 ISK, as follows:

Date Time Shares Purchased Transaction Price (Rate) Purchase Price (ISK)
28.4.2025 13:57 350,000 36.2 12,670,000
29.4.2025 14:54 1,000,000 36 36,000,000
Total   1,350,000   48,6700,000

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 6,645,000 shares prior to the above transaction, and following these purchases, now holds 7,995,000 shares, or approximately 0.45% of the company’s issued shares, with a total purchase price of ISK 281,834,000.

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.

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

Powered by SlickText.com

Hot this week

Costamare Bulkers Holdings Limited Debuts as Independent, Publicly Traded Company

Company completes separation from Costamare Inc.Begins trading today on...

Sunrise Realty Trust, Inc. Announces Financial Results for the First Quarter 2025

First quarter 2025 GAAP net income of $3.1 million...

Amerigo Announces Q1-2025 Results & Quarterly Dividend

Q1-2025 Net Income of $3.3 million Robust EBITDA1...

Topics

spot_img

Related Articles

Popular Categories

spot_img