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 real performance of the Company's activities.
Board Decision Date
07.08.2020
Number Of Shares To Be Acquired
10.000.000
Maximum Amount To Be Paid (TL)
700.000.000
Details of Buy-Back
Code of Share Subject to Buy-back
Transaction Date
Nominal Value of Shares Subject to Transaction (TRY)
Ratio To Capital (%)
Transaction Price (TRY / Unit)
Privileges, If Any, Associated With These Shares
BIMAS, TREBIMM00018
07.08.2020
10.000
0,002
62
-
BIMAS, TREBIMM00018
10.08.2020
1.400.000
0,231
64,358
-
BIMAS, TREBIMM00018
11.08.2020
725.000
0,119
65,787
-
BIMAS, TREBIMM00018
12.08.2020
1.675.000
0,276
66,271
-
BIMAS, TREBIMM00018
13.08.2020
1.592.393
0,262
67,297
-
BIMAS, TREBIMM00018
14.08.2020
180.500
0,03
67,431
-
BIMAS, TREBIMM00018
01.09.2020
15.000
0,002
67,457
-
BIMAS, TREBIMM00018
03.09.2020
11.000
0,002
67,475
-
BIMAS, TREBIMM00018
10.09.2020
62.099
0,01
67,59
-
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
67,6
66,07
374.707.649,93
Şirket İç Kaynakları/Internal Resources
5.670.992
0,934
Additional Explanations

The Board of Directors has taken the following decisions on the 26 November 2020 referring to the share buy-back program started on 07.08.2020;

1) The buy-back program is ended as of November 26, 2020,

2) The public disclosure liabilities are to be met regarding the buy-back transaction within the program,

3) The shareholders are to be informed about the related transactions in the first General Assembly Meeting.

4) Executive Committee Member & CFO Haluk Dortluoğlu is authorized to sell the shares which are bought within the buy-back program on the market if required.


The total number of shares bought back within the program is 5.670.992 in nominal which correspond 0,9340% of the company share capital and TL 374.707.649,93 paid for the transactions in total. The buy-back was financed from the company internal resources. The lowest and highest transaction prices per share were TL62,00 and TL67,60 respectively. The average transaction price was TL66,07.


In the event of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.