Festi hf.: Buyback program week 4
Globenewswire·2026-01-26 08:30

Group 1 - The core point of the news is that Festi has executed a buyback program, purchasing a total of 178,000 own shares for 61,652,000 ISK in week 4 of 2026 [1] - Prior to the recent purchases, Festi held 3,972,000 own shares, representing 1.27% of issued shares, and after the buyback, it now holds 4,150,000 own shares, which is 1.33% of issued shares [2] - The buyback program was initially announced on December 3, 2025, and aims to repurchase a total of 2,500,000 own shares, capped at a purchase price of 825 million ISK [2]