Group 1 - Festi purchased a total of 195,000 own shares for 59,775,000 ISK during week 30 of 2025, with individual purchases ranging from 30,000 to 50,000 shares at prices between 303 and 312 ISK per share [1] - Prior to the recent buyback, Festi held 731,226 own shares, representing 0.23% of issued shares, and after the buyback, the total shares held increased to 926,226, or 0.30% of issued shares [2] - The buyback program, announced on June 27, 2025, aims to repurchase a total of 2,500,000 own shares, which is 0.80% of the issued shares, with a maximum purchase price cap of 800 million ISK [2] Group 2 - The execution of the buyback program complies with various regulations, including the Act on Public Limited Companies No 2/1995 and the Regulation of the European Parliament and of the Council No. 596/2014 on market abuse [1]
Festi hf.: Buyback program week 30
Globenewswireยท2025-07-28 08:30