Festi hf.: Buyback program week 44
November 06 2023 - 3:00AM
Festi hf.: Buyback program week 44
In week 44 2023, Festi purchased in total 240,746 own shares for
total amount of 44,196,891 ISK as follows:
Week |
Date |
Time |
Purchased shares |
Share price |
Purchase price |
44 |
30.10.2023 |
13:46:14 |
70.000 |
183,5 |
12.845.000 |
44 |
31.10.2023 |
14:11:50 |
70.000 |
184 |
12.880.000 |
44 |
1.11.2023 |
13:54:18 |
30.000 |
183 |
5.490.000 |
44 |
2.11.2023 |
12:24:17 |
4.700 |
183,5 |
862.450 |
44 |
2.11.2023 |
13:58:02 |
414 |
183,5 |
75.969 |
44 |
3.11.2023 |
10:14:20 |
5.000 |
183,5 |
917.500 |
44 |
3.11.2023 |
12:04:24 |
632 |
183,5 |
115.972 |
44 |
3.11.2023 |
12:22:04 |
60.000 |
183,5 |
11.010.000 |
|
|
|
240.746 |
|
44.196.891 |
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 2,313,286 own shares or
0.76% of issued shares. Festi has now bought in total
2,554,032 own shares for 474,077,536 ISK and holds today
2,554,032 own shares or 0.84% 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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