Festi stock gained 1.37 percent below its yearly high

Festi stock was last at ISK 295 on Nasdaq Iceland on October 2, 2026 at 3:15 p.m. GMT, up 1.37 percent on the session. The price was 16.2 percent below the 52-week high of ISK 352, placing the Icelandic retailer and energy operator closer to its yearly low of ISK 286 than to its peak.

Financing adds a concrete marker

GlobeNewswire reported on September 15, 2026 that Festi completed the sale of a six-month bill with a nominal value of ISK 1,000 million and a flat interest rate of 8.65 percent. Settlement was scheduled for September 22, 2026, with the bill intended for listing on Nasdaq Iceland.

The financing matters because Festi operates across fuel, grocery retail, pharmacy and electronics through businesses including N1, Krónan, Lyfja and Elko. The company profile published by MarketScreener describes a network spanning fuel, service stations, stores and maintenance locations.

Buyback reaches 1.91 percent

Festi's capital return activity provides a second measurable reference. According to Nasdaq Iceland, the company bought 239,232 shares between September 7 and September 10, 2026 for ISK 72,698,064. The accumulated program total then reached 2,289,445 shares for ISK 708,380,103, equal to 1.91 percent of issued share capital.

The program's stated ceiling is 3,000,000 shares and ISK 1,000 million in total purchase price, according to the same September 10 announcement. That leaves 710,555 shares and ISK 291,619,897 between the reported buyback total and the program limits, giving investors a clear measure for later announcements.

Stock remains below its yearly peak

Festi's market capitalization was ISK 91.2 billion as of October 2, 2026, while trading volume reached 572,883 shares. The 52-week range of ISK 286 to ISK 352 shows a spread of ISK 66, or 23.1 percent of the low, and the October 2 price sat ISK 9 above that low.

For investors, the immediate picture combines a 1.37 percent session gain with a share price 16.2 percent below the annual high. The bill issuance and buyback figures add balance-sheet and capital-allocation reference points without changing the single-session market signal.

Festi stock stays below ISK 352

Festi stock was last at ISK 295 on Nasdaq Iceland on October 2, 2026 at 3:15 p.m. GMT, with a market capitalization of ISK 91.2 billion.