FESTI HF. Buy-back of shares in Festi amounted to 2.157.876 shares in week 11 2020:
| Week | Date | Time | Number of shares | Share price | Purchase price | Purchased shares |
| 11 | 10:55 | 100.000,00 | 111 | 11.100.000 | 2.257.876,00 | |
| 11 | 10:56 | 50.000,00 | 110,5 | 5.525.000 | 2.307.876,00 | |
| 11 | 12:52 | 273.664,00 | 111 | 30.376.704 | 2.581.540,00 | |
| 11 | 13:07 | 115.805,00 | 111 | 12.854.355 | 2.697.345,00 | |
| 11 | 10:20 | 539.469,00 | 119,5 | 64.466.546 | 3.236.814,00 | |
| 11 | 09:35 | 433.300,00 | 118,5 | 51.346.050 | 3.670.114,00 | |
| 11 | 12:55 | 106.169,00 | 117 | 12.421.773 | 3.776.283,00 | |
| 11 | 11:41 | 539.469,00 | 100 | 53.946.900 | 4.315.752,00 | |
| 2.157.876,00 | 242.037.328 |
This announcement of purchase of own shares is in accordance with Festi‘s buy-back programme announced by notice to Nasdaq OMX Iceland on
Prior to the transactions Festi held 3,157,876 of own shares or 0,96% and holds 4,315,752 shares or 1,31% of own shares after the transactions. The maximum of the buy-back is 5,000,000 shares or 1,5% of issued shares. The buy-back programme is in force until
The buy-back programme is carried out in accordance with Chapter VIII of the Act on limited liability companies 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)
© OMX, source
