Festi Announces Share Buyback Through Reverse Tender Offer
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04:15:18 PM UTC
SquawkNews
Festi launches share buyback of up to ISK 1 billion via reverse tender offer Festi will repurcha
04:16:50 PM UTC
SquawkNews
At the Annual General Meeting of Festi hf. held on 5 March 2026, it was resolved to authorise the Company to purchase, until the next Annual General Meeting, shares in the Company representing up to 10% of the Company’s total share capital. On the basis of the aforementioned authorisation, the Boar…
04:17:04 PM UTC
SquawkNews
Festi will conduct a reverse tender offer to buy back shares, with a maximum aggregate amount of ISK 1,000M. No prior-period comparison was provided.Material DetailsContext by AI AnalystThis is a capital-return action under an authorization approved at the March 2026 annual general meeting. The off…