Festi Announces Buyback of Up to 3,200,000 Shares

Bitget2026/11/05 16:50

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Festi plans a share buyback of up to 1 billion krónur.
The program covers up to 3,200,000 shares, representing 1.02% of issued share capital.
Repurchases will run from November 6, 2026, to March 4, 2027, unless the program limit is reached earlier.
The buyback aims to reduce share capital or meet obligations under employee stock option agreements.
Daily purchases cannot exceed 100,000 shares or 25% of average daily trading volume over the preceding 20 trading days.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FESTI hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611051150OMX_____CNEWS_IS_GNW1001302096_is) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Festi Announces Buyback of Up to 3,200,000 Shares

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