SKEL fjárfestingafélag hf: Buy-back Programme week 45
SKEL fjárfestingafélag
SKEL fjárfestingafélag

In week 45 2023, SKEL fjárfestingafélag hf. purchased in total 2,005,000 own shares for total amount of 24,826,500 ISK as follows:

Date

Time

Purchased shares

Price

Purchase price

Total own shares

6.11.2023

10:44:00

250,000

12.3

3,075,000

47,687,855

7.11.2023

09:36:00

220,000

12.3

2,695,000

47,907,855

7.11.2023

15:15:00

225,000

12.5

2,812,500

48,132,855

8.11.2023

10:49:00

250,000

12.4

3,100,000

48,382,855

8.11.2023

14:28:00

210,000

12.4

2,604,000

48,592,855

9.11.2023

09:37:00

210,000

12.4

2,604,000

48,802,855

9.11.2023

13:33:00

66,561

12.4

825,356

48,869,416

9.11.2023

13:58:00

143,439

12.4

1,778,644

49,012,855

10.11.2023

09:58:00

215,000

12.4

2,666,000

49,227,855

10.11.2023

13:41:00

215,000

12.4

2,666,000

49,442,855

 

 

2.005.000

 

24.826.500

49.442.855

 

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 47,437,855 own shares. SKEL fjárfestingafélag hf. bought in total 30,925,337 own shares, which corresponds to 15.97% of maximum number of shares that will be purchased according to the current buy-back programme. The purchase price of the own shares is 390,641,289, or 78.13% of the maximum buy-back amount. SKEL now owns a total of 2.54% 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.