Company Announcements

Festi hf.: Buyback program week 27

Source: GlobeNewswire
Festi hf.: Buyback program week 27

In week 27 2025, Festi purchased in total 165,000 own shares for total amount of 47,025,000 ISK as follows:

WeekDateTimePurchased sharesShare pricePurchase price
2730.6.202513:13:5850.000285,0014.250.000
271.7.202511:13:0740.00028511.400.000
272.7.202511:07:3850.00028514.250.000
273.7.202510:14:3925.0002857.125.000
   165.000 47.025.000

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 Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

Before the purchase Festi held 246,226 own shares or 0.08% of issued shares. Festi has now bought in total 165,000 own shares for 47,025,000 ISK and holds today 411,226 own shares or 0.13% of issued shares. This announcement of purchase of own shares is in accordance with the buyback program announced 27 June 2025 to Nasdaq OMX Iceland. The program envisages the buyback of a total of 2,500,000 own shares or 0.80% of the issued shares, with the cap of 800 million ISK purchase price.

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