In week 50, Heimar hf. ("Heimar”) purchased 3,000,000 own shares at a total purchase price of 106,100,000 ISK, as follows:
Date | Time | Shares Purchased | Transaction Price (Rate) | Purchase Price (ISK) |
10.12.2024 | 15:15 | 1,000,000 | 35.2 | 35,200,000 |
11.12.2024 | 09:39 | 1,000,000 | 35.2 | 35,200,000 |
13.12.2024 | 10:20 | 1,000,000 | 35.7 | 35,700,000 |
Total | 3,000,000 | 106,100,000 |
Heimar owned 41,445,833 shares prior to the above transaction, and following these purchases, now holds 44,445,833 shares, or approximately 2.46% of the company's issued shares, with a total purchase price of ISK 1,455,299,989.
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