In week 43, Heimar hf. ("Heimar”) purchased 4,000,000 own shares at a total purchase price of 125,100,000 ISK, as follows:
Date | Time | Shares Purchased | Transaction Price
(Rate) | Purchase Price (ISK) |
21.10.2024 | 15:00 | 1,000,000 | 31 | 31,000,000 |
22.10.2024 | 09:50 | 1,000,000 | 31.2 | 31,200,000 |
23.10.2024 | 09:37 | 1,000,000 | 31.2 | 31,200,000 |
24.10.2024 | 09:49 | 1,000,000 | 31.7 | 31,700,000 |
Total | 4,000,000 | 125,100,000 |
Heimar owned 16,312,500 shares prior to the above transaction, and following these purchases, now holds 20,312,500 shares, or approximately 1.12% of the company's issued shares, with a total purchase price of ISK 625,100,000.
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