SKEL fjárfestingafélag hf.: Buy-back programme week 52 – End of buy-back
In week 52 2023, SKEL fjárfestingafélag hf. purchased in total 1,098,601 own shares for total amount of 16,258,595 ISK as follows:
Date | Time | Purchased shares | Proce | Purchase price | Total own shares |
27.12.2023 | 10:43:00 | 400,000 | 14.75 | 5,900,000 | 56,856,141 |
28.12.2023 | 10:10:00 | 660,000 | 14.80 | 9,768,000 | 57,516,141 |
29.12.2023 | 10:28:00 | 38,601 | 15.30 | 590,595 | 57,554,742 |
1,098,601 | 16,258,595 | 57,554,742 |
The execution of the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995, Article 5 of the Regulation of the European parliament and of the Council (EU) on Market Fraud No. 60/2021, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.
Before the purchase SKEL held 18,518,518 own shares. SKEL fjárfestingafélag hf. bought in total 39,036,224 own shares for 499,999,995 ISK and holds 57,554,742 own shares which equals 2.97% of the company’s total share capital, which is 1,936,033,774. SKEL has now finished the buy-back programme.
This announcement of purchase of own shares is in accordance with the buy-back programme announced 15 September 2023 to Nasdaq OMX Iceland.
For further information contact Magnús Ingi Einarsson, CFO of SKEL fjárfestingafélag hf., magnus@skel.is
.