In week 41 2023, SKEL fjárfestingafélag hf. purchased in total 4,204,881 own shares for total amount of 52,583,245 ISK as follows:
Date | Time | Purchased shares | Price | Purchase price | Total own shares |
9.10.2023 | 09:36 | 300,000 | 12.70 | 3,810,000 | 37,937,646 |
9.10.2023 | 13:26 | 500,000 | 12.30 | 6,150,000 | 38,437,646 |
10.10.2023 | 11:13 | 500,000 | 12.50 | 6,250,000 | 38,937,646 |
11.10.2023 | 09:41 | 300,000 | 12.50 | 3,750,000 | 39,237,646 |
11.10.2023 | 10:35 | 300,000 | 12.65 | 3,795,000 | 39,537,646 |
11.10.2023 | 15:03 | 374,881 | 12.65 | 4,742,245 | 39,912,527 |
12.10.2023 | 13:51 | 500,000 | 12.50 | 6,250,000 | 40,412,527 |
12.10.2023 | 15:13 | 480,000 | 12.45 | 5,976,000 | 40,892,527 |
13.10.2023 | 09:59 | 300,000 | 12.45 | 3,735,000 | 41,192,527 |
13.10.2023 | 14:20 | 300,000 | 12.50 | 3,750,000 | 41,492,527 |
13.10.2023 | 15:28 | 350,000 | 12.50 | 4,375000 | 41,842,527 |
4,204,881 | 52,583,245 | 41,842,527 |
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 37,637,646 own shares. SKEL fjárfestingafélag hf. bought in total 23,324,009 own shares, which corresponds to 12.05% of maximum number of shares that will be purchased according to the current buy-back programme. The purchase price of the own shares is 299,013,670, or 59.80% of the maximum buy-back amount. SKEL now owns a total of 2.13% 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.