Festi hf.: Buyback program week 40
09 10월 2023 - 6:00PM
Festi hf.: Buyback program week 40
In week 40 2023, Festi purchased in total 165,500 own shares for
total amount of 29,852,750 ISK as follows:
Week |
Date |
Time |
Purchased shares |
Share price |
Purchase price |
40 |
2.okt |
11:22:29 |
2.000 |
180,5 |
361.000 |
40 |
2.okt |
13:11:14 |
3.500 |
180,5 |
631.750 |
40 |
3.okt |
11:40:31 |
8.500 |
181 |
1.538.500 |
40 |
3.okt |
13:50:10 |
1.000 |
181 |
181.000 |
40 |
3.okt |
15:03:04 |
20.500 |
181 |
3.710.500 |
40 |
4.okt |
13:48:30 |
3.014 |
180,5 |
544.027 |
40 |
4.okt |
13:49:40 |
3.014 |
180,5 |
544.027 |
40 |
4.okt |
14:49:08 |
23.972 |
180,5 |
4.326.946 |
40 |
5.okt |
14:09:58 |
70.000 |
180 |
12.600.000 |
40 |
6.okt |
13:13:25 |
10.000 |
180,5 |
1.805.000 |
40 |
6.okt |
14:33:29 |
20.000 |
180,5 |
3.610.000 |
|
|
|
165.500 |
|
29.852.750 |
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 9,537,786 own shares or
3.05% of issued shares. Festi has now bought in total
1,703,286 own shares for 319,583,145 ISK and holds today
9,703,286 own shares or 3.11% 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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