New Zealand markets close in 5 hours 55 minutes
  • NZX 50

    11,720.02
    -8.48 (-0.07%)
     
  • NZD/USD

    0.6289
    +0.0049 (+0.78%)
     
  • ALL ORDS

    7,259.50
    +9.20 (+0.13%)
     
  • OIL

    90.46
    -0.30 (-0.33%)
     
  • GOLD

    1,804.70
    -0.50 (-0.03%)
     

Festi hf.: Buy-back programme week 27

·2-min read
Festi hf.
Festi hf.

In week 27 2022 Festi purchased in total 700,000 own shares for total amount of 149,025,000 ISK as follows:


Week

Date

Time

Purchased shares

Price

Purchase price

Total shares bought

Total puchase price

27

27.6.2022

14:30:40

75.000

216

16.200.000

300.000

62.000.000

27

27.6.2022

15:01:28

50.000

215

10.750.000

350.000

72.750.000

27

27.6.2022

15:20:33

75.000

214

16.050.000

425.000

88.800.000

27

28.6.2022

13:03:25

75.000

216

16.200.000

500.000

105.000.000

27

28.6.2022

15:25:01

50.000

215

10.750.000

550.000

115.750.000

27

29.6.2022

11:15:53

75.000

212

15.900.000

625.000

131.650.000

27

29.6.2022

14:06:53

50.000

212

10.600.000

675.000

142.250.000

27

29.6.2022

15:21:16

50.000

212

10.600.000

725.000

152.850.000

27

30.6.2022

13:51:35

75.000

211

15.825.000

800.000

168.675.000

27

30.6.2022

14:34:07

75.000

210

15.750.000

875.000

184.425.000

27

30.6.2022

15:17:50

50.000

208

10.400.000

925.000

194.825.000

 

 

 

700.000

 

149.025.000

 

 


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.

Before the purchase Festi held no shares in the company. Festi has now bought in total 925,000 own shares for 194,825.000 ISK and holds today 925,000 own shares or 0.30% of issued shares.This announcement of purchase of own shares is in accordance with the buy-back programme announced 21 June 2022 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 5,000,000 own shares or 1.60% of the issued shares, with the cap of 1,150 million ISK purchase price.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. (mki@festi.is).



Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting