In the 29th week of 2025, Festi purchased a total of 170,000 own shares for 50,890,000 ISK. This purchase was made in accordance with the laws on joint-stock companies, EU regulations, and the company’s buyback plan. Festi initially owned 0.18% of the company’s shares, but after buying 485,000 more shares, they now hold 0.23% of the total shares. The company plans to buy a maximum of 2,500,000 shares or 0.80% of the total shares, with the total buyback value not exceeding 800 million ISK.
For more information, contact Magnús Kr. Ingason, CFO of Festi hf. ([email protected]).
Read more at GlobeNewswire: Festi hf.: Endurkaup vika 29