11:50 PM EST, 11/03/2026 (MT Newswires) -- Festi (FESTI.IC) will launch a share buyback program worth up to 1 billion Icelandic kronur, according to a Tuesday release. The Icelandic holding company will either cancel the repurchased shares or use them to satisfy its obligations under employee share option agreements. Arion Bank was hired to manage the share buyback.

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