Summary Info
Termination of Share Buyback Program
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Company Performs the Buy-Back
BİM BİRLEŞİK MAĞAZALAR A.Ş.
Company Subject to Buy-Back
BİM BİRLEŞİK MAĞAZALAR A.Ş.
Type Of Buy-Back
Other
The Purpose of Buy-Back
The share price does not reflect the actual performance of the Company's activities
Board Decision Date
09.04.2020
Number Of Shares To Be Acquired
7.000.000
Maximum Amount To Be Paid (TL)
400.000.000
Completion of Buy-Back
Code of Share Subject to Buy-back
The Maximum Price Paid For The Buy-Backed Shares (TRY / Unit)
The Average Price Paid For The Buy-Backed Shares (TRY / Unit)
The Cost-Of Buy-Back Program (TRY)
Source Used in the Buy-Back Process
Total Number Of Buy-Backed Shares
Ratio Of Buy-Backed Shares To Capital (%)
BIMAS, TREBIMM00018
0
0
0
0
0
0
Additional Explanations

Per our announcement dated 09.04.2020, the Board of Directors has started a share buyback program subject to maximum 7.000.000 (7.000.000 TL nominal) shares and maximum fund allocation of TRY 400.000.000.


Per 5 th article of Capital Market Board Communiqué about treasury shares, the program was automatically ended together with 2019 Ordinary General Assembly as of 05.05.2020.

There has not been any transaction realized during the program.