Brief: Festi BOD Decides To Execute Buyback Program

Festi hf

21/07/2023 12:56

July 21 (Reuters) - Festi hf  FESTI.IC :
    * BOARD OF DIRECTORS OF FESTI HAS DECIDED ON EXECUTION OF A
BUYBACK PROGRAM
    * AIM IS TO BUY BACK OWN SHARES FOR MAXIMUM AMOUNT OF
3,500,000
SHARES
    * AMOUNT OF BUYBACK WILL NOT EXCEED ISK 600 MILLION IN TOTAL
PURCHASE PRICE
    * BUYBACK PROGRAM WILL BE EFFECTIVE FROM FRIDAY, JULY 21(ST)
2023,
AND UNTIL DECEMBER 31(ST) 2023

Source text for Eikon:  ID:nGNE1xVTM4 
Further company coverage:  FESTI.IC 

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