Group 1 - The company Festi purchased a total of 170,000 own shares for a total amount of 50,595,000 ISK during week 35 of 2025 [1] - The share purchases were executed at various prices, with the highest price being 301.00 ISK and the lowest at 293.00 ISK [1] - Prior to the recent buyback, Festi held 1,561,226 own shares, representing 0.5% of issued shares, and after the buyback, it now holds 1,731,226 own shares, or 0.55% of issued shares [2] Group 2 - The total buyback program announced on June 27, 2025, aims to repurchase 2,500,000 own shares, which is 0.80% of the issued shares, with a maximum purchase price cap of 800 million ISK [2] - The execution of the buyback program complies with relevant regulations, including the Act on Public Limited Companies and the Regulation of the European Parliament on market abuse [1]
Festi hf.: Buyback program week 35
Globenewswireยท2025-09-01 08:30