Festi hf.: Buyback program week 43 - end of buyback
Globenewswire·2025-10-20 12:26

Core Points - Festi has completed its share buyback program, purchasing a total of 2,500,000 own shares for 754,454,984 ISK, resulting in an increase in its ownership from 0.87% to 0.88% of issued shares [2] Group 1: Share Buyback Details - In week 43 of 2025, Festi purchased 39,373 own shares for a total amount of 12,323,749 ISK at a share price of 313 ISK [1] - Prior to the buyback, Festi held 2,706,853 own shares, and after the buyback, it now holds 2,746,226 own shares [2] - The buyback program was announced on June 27, 2025, and was conducted in accordance with relevant regulations [2] Group 2: Regulatory Compliance - The execution of the buyback program adheres to 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] - The buyback program also complies with the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021 [1]