Festi hf.: Buyback program week 32
14 Agosto 2023 - 5:30AM
Festi hf.: Buyback program week 32
In week 32 2023, Festi purchased in total 114.714 own shares for
total amount of 21,997,660 ISK as follows:
Week |
Date |
Time |
Purchased shares |
Share price |
Purchase price |
32 |
8.ágú |
14:47:14 |
3.014 |
190 |
572.660 |
32 |
8.ágú |
15:13:35 |
10.700 |
190 |
2.033.000 |
32 |
9.ágú |
13:43:20 |
70.000 |
192 |
13.440.000 |
32 |
10.ágú |
12:37:45 |
30.000 |
192 |
5.760.000 |
32 |
11.ágú |
14:51:53 |
1.000 |
192 |
192.000 |
|
|
|
114.714 |
|
21.997.660 |
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 8,273,462 own shares or
2.65% of issued shares. Festi has now bought in total 388,176
own shares for 74,164,865 ISK and holds today 8,388,176 own
shares or 2.68% 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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