| Own shares | ||||||
| Week | Date | Time | Purchased shares | Share price | Purchase price | Total |
| 41 | 5.10.2020 | 10:25:31 | 150.000 | 144,25 | 21.637.500 kr | 5.795.407 |
| 41 | 6.10.2020 | 09:41:00 | 150.000 | 145,00 | 21.750.000 kr | 5.945.407 |
| 41 | 7.10.2020 | 13:55:38 | 150.000 | 145,50 | 21.825.000 kr | 6.095.407 |
| 41 | 8.10.2020 | 11:03:22 | 50.000 | 146,75 | 7.337.500 kr | 6.145.407 |
| 41 | 9.10.2020 | 13:49:59 | 150.000 | 149,50 | 22.425.000 kr | 6.295.407 |
| 650.000 | 94.975.000 |
This announcement of purchase of own shares is in accordance with the buy-back programme announced 4 October 2020 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 4.000.000 own shares or 1,2% of the issued shares, with the cap of 600 million ISK purchase price.
Before the purchase Festi held 5.645.407 shares or 1,70 % of issued shares. Festi today holds 6.295.407 shares or 1,89 % of issued shares.
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.
For further information contact Eggert Þór Kristófersson, CEO of Festi hf., (eggert@festi.is) and Magnús K. Ingason, CFO of Festi hf. (mki@festi.is).
"exchange" - Google News
October 11, 2020 at 07:11PM
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Festi: Buy-back programme week 41 Iceland Stock Exchange:FESTI - GlobeNewswire
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