In week 33 2023, Festi purchased in total 280.000 own shares for total amount of 54,602,500 ISK as follows:
| Week | Date | Time | Purchased shares | Share price | Purchase price |
| 33 | 14.ágú | 14:20:51 | 70.000 | 194,25 | 13.597.500 |
| 33 | 15.ágú | 12:36:06 | 70.000 | 195 | 13.650.000 |
| 33 | 16.ágú | 11:20:20 | 30.000 | 195,5 | 5.865.000 |
| 33 | 16.ágú | 13:39:05 | 40.000 | 196 | 7.840.000 |
| 33 | 17.ágú | 13:46:42 | 70.000 | 195 | 13.650.000 |
| 280.000 | 54.602.500 |
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 8,388,176 own shares or 2.68% of issued shares. Festi has now bought in total 668,176 own shares for 128,767,365 ISK and holds today 8,668,176 own shares or 2.77% 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).
