In week 41, Heimar hf. ("Heimar”) purchased 3,000,000 of its own shares at a purchase price of ISK 92,000,000 in accordance with the following details:
| Date | Time | Shares Purchased | Share Price
(ISK) | Purchase Price (ISK) |
| 07.10.2024 | 10:00 | 1,000,000 | 30.7 | 30,700,000 |
| 08.10.2024 | 10:18 | 1,000,000 | 30.8 | 30,800,000 |
| 10.10.2024 | 10:13 | 1,000,000 | 30.5 | 30,500,000 |
| Total | 3,000,000 | 92,000,000 | ||
Heimar owned 13,000,000 shares prior to the above transaction, and following these purchases, now holds 16,000,000 shares, or approximately 0.88% of the company's issued shares, with a total purchase price of ISK 490,500,000.
The execution of the buyback program will comply with the Icelandic Public Limited Companies Act, No. 2/1995, Article 5 of the European Parliament and Council Regulation (EU) No. 596/2014 on Market Abuse, as referred to in the Icelandic Act on Measures Against Market Abuse, No. 60/2021, as well as the European Commission's delegated regulation No. 2016/1052/EU, which contains technical terms related to buyback programs.
For further information, please contact:
Björn Eyþór Benediktsson - Chief Financial Officer - eythorb@heimar.is