Festi hf.: Buyback program week 7
Globenewswire·2026-02-16 08:30

Group 1 - In week 7 of 2026, Festi purchased a total of 135,000 own shares for a total amount of 46,145,000 ISK [1] - Prior to the recent purchases, Festi held 4,435,000 own shares, representing 1.42% of issued shares, and after the purchases, it now holds 4,570,000 own shares, or 1.46% of issued shares [2] - The buyback program was announced on December 3, 2025, and 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 825 million ISK [2] Group 2 - The execution of the buyback program complies with relevant 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 [1]

Festi hf.: Buyback program week 7 - Reportify