Festi hf.: Buyback program week 27

In week 27 2026, Festi purchased in total 115,000 own shares for total amount of 36,320,000 ISK as follows:

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 3,678,864 own shares or 1.18% of issued shares. Festi has now bought in total 115,000 own shares for 36,320,000 ISK and holds today 3,793,864 own shares or 1.21% of issued shares. This is an announcement of Festi’s purchase of own shares in accordance with the buyback program announced on 1 July 2026 in an announcement to Nasdaq Iceland. The program envisages the buyback of up to 3,000,000 own shares, corresponding to 0.96% of the issued share capital, provided that the total purchase price under the program shall not exceed ISK 1,000 million.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. ([email protected]).

You May Also Be Interested In

• Scilex Holding Company Announces Dream Bowl I Meme Coin Tokens Commence Trading on the Biconomy Exchange on July 6, 2026
• Most Popular Cryptocurrency to Watch: Stargate LLM Offers a 50x Target Outside the Paths of DOGE, SHIB, and PEPE
• KBRA Assigns Preliminary Ratings to GLS Auto Select Receivables Issuer Trust 2026-3