The buyback under the buyback program, which was announced on November 20 2024, has now been completed.
In week 51, Heimar hf. ("Heimar”) purchased 1,200,000 own shares at a total purchase price of 44,700,000 ISK, as follows:
Date | Time | Shares Purchased | Transaction Price (Rate) | Purchase Price (ISK) |
16.12.2024 | 11:38 | 1,000,000 | 37.1 | 37,100,000 |
19.12.2024 | 12:08 | 200,000 | 38 | 7,600,000 |
Total | 1,200,000 | 44,700,000 |
Heimar owned 44,445,833 shares prior to the above transaction, and following these purchases, now holds 45,645,833 shares, or approximately 2.52% of the company's issued shares, with a total purchase price of ISK 1,499,999,989.
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 - [email protected]