Core Points - Festi has executed a buyback program, purchasing a total of 103,774 own shares for 34,425,420 ISK in week 49 of 2025 [1][2] - Following the buyback, Festi now holds 2,850,000 own shares, which is 0.91% of the issued shares, up from 2,746,226 shares or 0.88% prior to the purchase [2] - The buyback program aims to repurchase a total of 2,500,000 own shares, representing 0.80% of the issued shares, with a maximum purchase price cap of 825 million ISK [2] Summary by Sections Buyback Details - In week 49 of 2025, Festi purchased shares at various prices: 330 ISK for 53,774 shares, 332 ISK for 10,000 shares, and 334 ISK for 40,000 shares [1] - The total expenditure for the buyback was 34,425,420 ISK [1] Compliance and Regulations - The buyback program is in compliance with the Act on Public Limited Companies No 2/1995 and relevant European regulations regarding market abuse and fraud [1]
Festi hf.: Buyback program week 49
Globenewswire·2025-12-08 08:30