Festi hf.: Buyback program week 45
November 13 2023 - 4:00AM
Festi hf.: Buyback program week 45
In week 45 2023, Festi purchased in total 292,934 own shares for
total amount of 53,683,389 ISK as follows:
|
Week |
Date |
Time |
Purchased shares |
Share price |
Purchase price |
|
45 |
6.nov |
12:01:28 |
70.000 |
184 |
12.880.000 |
|
45 |
7.nov |
13:28:31 |
70.000 |
182,5 |
12.775.000 |
|
45 |
8.nov |
14:08:01 |
70.000 |
183 |
12.810.000 |
|
45 |
9.nov |
15:24:59 |
47.634 |
183,5 |
8.740.839 |
|
45 |
10.nov |
12:04:32 |
35.300 |
183,5 |
6.477.550 |
|
|
|
|
292.934 |
|
53.683.389 |
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 2,554,032 own shares or
0.84% of issued shares. Festi has now bought in total
2,846,966 own shares for 527,760,925 ISK and holds today
2,846,966 own shares or 0.93% of issued shares. This announcement
of purchase of own shares is in accordance with the buyback program
announced 21 July 2023 to Nasdaq OMX Iceland. The program
envisages the buyback of a total of 3,500,000 own shares or 1.15%
of the issued shares, with the cap of 600 million ISK purchase
price.
For further information contact Magnús Kr. Ingason, CFO of Festi
hf. (mki@festi.is).
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