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Festi hf.: Buy-back programme week 28
In week 28 2022 Festi purchased in total 900,000 own shares for total amount of 199,100,000 ISK as follows:
Week | Date | Time | Purchased shares | Price | Purchase price | Total shares bought | Total puchase price |
28 | 11.7.2022 | 13:43:50 | 75.000 | 222 | 16.650.000 | 1.250.000 | 264.525.000 |
28 | 11.7.2022 | 15:06:11 | 75.000 | 222 | 16.650.000 | 1.325.000 | 281.175.000 |
28 | 11.7.2022 | 15:23:00 | 150.000 | 222 | 33.300.000 | 1.475.000 | 314.475.000 |
28 | 13.7.2022 | 13:52:01 | 100.000 | 223 | 22.300.000 | 1.575.000 | 336.775.000 |
28 | 13.7.2022 | 15:21:43 | 50.000 | 224 | 11.200.000 | 1.625.000 | 347.975.000 |
28 | 14.7.2022 | 10:05:39 | 75.000 | 222 | 16.650.000 | 1.700.000 | 364.625.000 |
28 | 14.7.2022 | 13:01:19 | 75.000 | 220 | 16.500.000 | 1.775.000 | 381.125.000 |
28 | 14.7.2022 | 14:27:59 | 75.000 | 218 | 16.350.000 | 1.850.000 | 397.475.000 |
28 | 15.7.2022 | 10:36:13 | 75.000 | 220 | 16.500.000 | 1.925.000 | 413.975.000 |
28 | 15.7.2022 | 13:19:22 | 75.000 | 220 | 16.500.000 | 2.000.000 | 430.475.000 |
28 | 15.7.2022 | 14:30:22 | 75.000 | 220 | 16.500.000 | 2.075.000 | 446.975.000 |
|
|
| 900.000 |
| 199.100.000 |
|
|
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 no shares in the company. Festi has now bought in total 2,075,000 own shares for 446,975,000 ISK and holds today 2,075,000 own shares or 0.66% of issued shares.This announcement of purchase of own shares is in accordance with the buy-back programme announced 21 June 2022 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 5,000,000 own shares or 1.60% of the issued shares, with the cap of 1,150 million ISK purchase price.
For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).
