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13.02.2023 09:35:00
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Festi hf.: Buy-back programme week 6
In week 6 2023, Festi purchased in total 272,520 own shares for total amount of 47,125,002 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
| 6 | 6.2.2023 | 15:27:55 | 60.000 | 174 | 10.440.000 | 1.203.500 | 215.924.000 |
| 6 | 7.2.2023 | 15:23:39 | 30.000 | 173 | 5.190.000 | 1.233.500 | 221.114.000 |
| 6 | 8.2.2023 | 15:12:02 | 50.000 | 173,5 | 8.675.000 | 1.283.500 | 229.789.000 |
| 6 | 8.2.2023 | 15:20:32 | 30.000 | 173 | 5.190.000 | 1.313.500 | 234.979.000 |
| 6 | 9.2.2023 | 10:09:26 | 918 | 170 | 156.060 | 1.314.418 | 235.135.060 |
| 6 | 10.2.2023 | 13:07:04 | 100.000 | 172 | 17.200.000 | 1.414.418 | 252.335.060 |
| 6 | 10.2.2023 | 15:24:37 | 1.602 | 171 | 273.942 | 1.416.020 | 252.609.002 |
| 272.520 | 47.125.002 |
The execution the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995 and annex II to the Regulation on insider information and market abuse No 630/2005.
Before the purchase Festi held 5,000,000 own shares or 1.60% of issued shares. Festi has now bought in total 1,416,020 own shares for 252,609,002 ISK and holds today 6,416,020 own shares or 2.05% of issued shares.This announcement of purchase of own shares is in accordance with the buy-back programme announced 6 January 2023 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 3,000,000 own shares or 0.96% of the issued shares, with the cap of 650 million ISK purchase price.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).
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