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Festi hf.: Buy-back programme week 28

·2-min read
Festi hf.
Festi hf.

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).


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