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17.07.2023 11:18:22
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SKEL fjárfestingafélag hf.: Buy-back programme week 28
In week 28 2023, SKEL fjárfestingafélag hf. purchased in total 500,000 own shares for total amount of 6,550,000 ISK as follows:
| Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total Purchase price |
| 28 | 13.7.2023 | 11:29:46 | 200,000 | 13.1 | 2,620,000 | 100,000 | 2,620,000 |
| 28 | 14.7.2023 | 10:23:41 | 100,000 | 13.1 | 1,310,000 | 300,000 | 3,930,000 |
| 28 | 14.7.2023 | 11:47:07 | 200,000 | 13.1 | 2,620,000 | 500,000 | 6,550,000 |
The execution of the buy-back programme is in accordance with Chapter VIII of the Company Act No 2/1995, Article 5 of the Regulation of the European parliament and of the Council (EU) on Market Fraud No. 60/2021, the Commissions Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.
Before the purchase SKEL held no own shares. SKEL fjárfestingafélag hf. has now bought in total 500,000 own shares for 6,550,000 ISK 0.025826% of issued shares. This announcement of purchase of own shares is in accordance with the buy-back programme announced 12 July 2023 to Nasdaq OMX Iceland. The aim is to buy back own shares for the maximum amount of 18,518,518 shares or 0.956% of issued shares, the total amount of the buy-back however not exceeding 250,000,000 ISK in total purchase price.
For further information contact Magnús Ingi Einarsson, CFO of SKEL fjárfestingafélag hf., magnus@skel.is hf. magnus@skel.is.
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