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.