Skip to main content

Festi hf.: Transactions in relation to a share repurchase programme – week 32

In week 32 2026, Festi purchased in total 265,000 own shares for total amount of 81,677,500 ISK as follows:

WeekDateTimePurchased sharesShare pricePurchase price 
324.8.202610:49:2440.000308,512.340.000
325.8.202611:02:1559.595308,518.385.058
325.8.202611:11:4415.405308,54.752.443
326.8.202612:01:1475.000308,523.137.500
327.8.202611:20:1975.000307,523.062.500
    265.000  81.677.500  
            

The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European Parliament and of the Council No. 596/2014, on market abuse, the Commission Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before these purchases, Festi held 4,678,864 own shares, corresponding to 1.50% of the issued share capital. Festi has now purchased a total of 1,265,000 own shares for 394,882,500 ISK and currently holds 4,943,864 own shares, corresponding to 1.58% of the issued share capital. This is an announcement of Festi’s purchase of own shares in accordance with the buyback program announced on 1 July 2026 in an announcement to Nasdaq Iceland. The program envisages the buyback of up to 3,000,000 own shares, corresponding to 0.96% of the issued share capital, provided that the total purchase price under the program shall not exceed ISK 1,000 million.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.