Festi hf.: Notification regarding execution of a buyback program

At the Annual General Meeting of Festi on March 5, 2025, the shareholders approved to authorize the Board of Directors, pursuant to Article 55 of the Act on Public Limited Companies No. 2/1995, to purchase up to 10% of issued shares in the company. The purpose of the program is to reduce the company‘s share capital and/or to enable the company to meet its obligations according to stock option agreements with employees. The Board of Directors of Festi has, based on this mandate issued by the Annual General M ...