SKEL fjárfestingafélag hf: Buy-back Programme week 47
27 November 2023 - 8:51PM
SKEL fjárfestingafélag hf: Buy-back Programme week 47
In week 47 2023, SKEL fjárfestingafélag hf. purchased in
total 540,000 own shares for total amount of 6,790,000
ISK as follows:
Date |
Time |
Purchased shares |
Price |
Purchase price |
Total own shares |
21.11.2023 |
11:24:00 |
340.000 |
12,50 |
4.250.000 |
50.592.855 |
24.11.2023 |
10:06:00 |
200.000 |
12,70 |
2.540.000 |
50.792.855 |
|
|
540,000 |
|
6,790,000 |
50,792,855 |
The execution of the buy-back programme is in accordance with
Chapter VIII of the Company Act No 2/1995, Article 5 of the
Regulation of the European parliament and of the Council (EU) on
Market Fraud No. 60/2021, the Commissions Delegated Regulation No.
2016/1052 and the Act on Actions against Market Fraud No.
60/2021.
Before the purchase SKEL held 50,252,855 own shares. SKEL
fjárfestingafélag hf. bought in total 32,274,337 own shares, which
corresponds to 16.67% of maximum number of shares that will be
purchased according to the current buy-back programme. The purchase
price of the own shares is 407,474,289 or 81.49% of the maximum
buy-back amount. SKEL now owns a total of 2.62% of the company's
total share capital, which is 1,936,033,774. This announcement of
purchase of own shares is in accordance with the buy-back programme
announced 15 September 2023 to Nasdaq OMX Iceland.
For further information contact Magnús Ingi Einarsson, CFO of
SKEL fjárfestingafélag hf., magnus@skel.is hf.
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