Festi hf.: Buyback program week 39
02 10월 2023 - 6:00PM
Festi hf.: Buyback program week 39
In week 39 2023, Festi purchased in total 132,118 own shares for
total amount of 23,748,358 ISK as follows:
Week |
Date |
Time |
Purchased shares |
Share price |
Purchase price |
39 |
25.9.2023 |
12:53:45 |
2.118 |
181 |
383.358 |
39 |
26.9.2023 |
10:59:44 |
30.000 |
180 |
5.400.000 |
39 |
27.9.2023 |
14:27:53 |
30.000 |
180 |
5.400.000 |
39 |
28.9.2023 |
14:08:59 |
70.000 |
179,5 |
12.565.000 |
|
|
|
132.118 |
|
23.748.358 |
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 9,405,668 own shares or
3.01% of issued shares. Festi has now bought in total
1,537,786 own shares for 289,730,395 ISK and holds today
9,537,786 own shares or 3.05% 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 1.12%
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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