Festi hf.: Buy-back programme week 6 – end of buy-back
In week 6, Festi purchased in total 188,000 own shares for total amount of 43,616,000 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
| 6 | 7.2.2022 | 09:46:46 | 135.000 | 232 | 31.320.000 | 4.947.000 | 1.132.563.860 |
| 6 | 8.2.2022 | 15:19:52 | 53.000 | 232 | 12.296.000 | 5.000.000 | 1.144.859.860 |
| 188.000 | 43.616.000 |
This announcement of purchase of own shares is in accordance with the buy-back programme announced 14 December 2021 to Nasdaq OMX Iceland. Festi has purchased in total 5,000,000 own shares for 1,144,859,860 ISK and has finished the buy-back.
Before the purchase Festi held 6,000,000 own shares or 1.85% of issued shares but owns now 11,000,000 own shares or 3.40% of issued shares.
The execution of the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995 and annex II to the Regulation on insider information and market abuse No 630/2005.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).
