Stock Buyback Program

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Festi hf.: Buyback program week 29
Globenewswire· 2025-07-21 08:30
Core Points - Festi has executed a buyback program, purchasing a total of 170,000 own shares for 50,890,000 ISK in week 29 of 2025 [1] - Prior to the recent purchases, Festi held 561,226 own shares, representing 0.18% of issued shares, and after the buyback, it now holds 731,226 own shares, or 0.23% of issued shares [2] - The buyback program aims to repurchase a total of 2,500,000 own shares, which is 0.80% of the issued shares, with a maximum purchase price of 800 million ISK [2] Purchase Details - The buyback included three transactions: - 50,000 shares at a price of 297 ISK on July 14, 2025, totaling 14,850,000 ISK - 70,000 shares at a price of 297 ISK on July 16, 2025, totaling 20,790,000 ISK - 50,000 shares at a price of 305 ISK on July 17, 2025, totaling 15,250,000 ISK [1] - The total number of shares purchased during this buyback program is 485,000, amounting to 142,165,000 ISK [2]
Festi hf.: Buyback program week 27
Globenewswire· 2025-07-07 08:30
Core Viewpoint - Festi has executed a buyback program, purchasing a total of 165,000 own shares for 47,025,000 ISK, increasing its ownership from 0.08% to 0.13% of issued shares [1][2]. Group 1: Buyback Program Details - The buyback program was announced on June 27, 2025, and aims to repurchase a total of 2,500,000 own shares, representing 0.80% of the issued shares, with a maximum purchase price of 800 million ISK [2]. - The shares were purchased at a consistent price of 285 ISK per share across multiple transactions [1]. Group 2: Compliance and Regulations - The execution of the buyback program complies with the Act on Public Limited Companies No 2/1995 and relevant European regulations regarding market abuse and fraud [1].