Festi hf.: Buyback program week 8

SelfRugger · 2026-02-27T15:23:35+00:00

Festi hf. completed a buyback of 195,000 shares for 65,645,000 ISK in week 8 of 2026, increasing its total holdings to 4,765,000 shares, or 1.52% of issued shares, as part of a planned program.

SelfRugger

2026-02-27 15:23:35

Abstract generation in progress

This is a paid press release. Contact the press release distributor directly with any inquiries.

Festi hf.: Buyback program week 8

Festi hf.

Mon, February 23, 2026 at 5:50 PM GMT+9 1 min read

In this article:

FESTI.IC

+0.88%

Festi hf.

In week 8 2026, Festi purchased in total 195,000 own shares for total amount of 65,645,000 ISK as follows:

			Purchased	Share	Purchase
Week	Date	Time	shares	Price	price
Vika 8	16.2.2026	13:17	75.000	333,00	24.975.000
Vika 8	17.2.2026	14:12	50.000	336,00	16.800.000
Vika 8	18.2.2026	11:49	35.000	342,00	11.970.000
Vika 8	19.2.2026	12:40	35.000	340,00	11.900.000

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 4,570,000 own shares or 1.46% of issued shares. Festi has now bought in total 2,018,774 own shares for 675,083,920 ISK and holds today 4,765,000 own shares or 1.52% of issued shares. This announcement of purchase of own shares is in accordance with the buyback program announced 3 December 2025 to Nasdaq Iceland. The program envisages the buyback of a total of 2,500,000 own shares or 0.80% of the issued shares, with the cap of 825 million ISK purchase price.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).

Terms and Privacy Policy

Privacy Dashboard

More Info

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.