Summary Info
Launch of a Share Buy-back Program
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
Utilizing the advantages of Capital Market Board's announcement dated 14.02.2023
Company Performs the Buy-Back
TÜRK HAVA YOLLARI A.O.
Company Subject to Buy-Back
TÜRK HAVA YOLLARI A.O.
Type Of Buy-Back
Within The Frame Of Buy-Back Program
Board Decision Date
14.02.2023
If Any, Duration Of Buy-Back Program
3 (three) calendar years starting from the date of approval by the Board of Directors.
Maximum Number Of Shares To Be Acquired
69.000.000
Total Amount Of The Fund Set Aside For Acqusition
9.000.000.000
Scheduled Period Of Buy-Back
Code of Share Subject to Buy-back
Starting Date Of Period
Ending Date Of Period
Nominal Value (TRY)
Ratio To Capital (%)
A Grubu, THYAO, TRATHYAO91M5
14.02.2023
31.12.2025
69.000.000
5
Additional Explanations

In accordance with the Capital Market Board's Communique II-22.1 on Share Buy-backs and the related announcement dated 14.02.2023, in order to contribute to the fair price formation of our share, our Board of Directors decided to;

- Launch a Share Buy-back program covering 3 calendar years,

- Allocate a maximum of 9,000,000,000 TL for share buy-backs from our cash portfolio, while limiting the number of shares that may be subject to buy-back be at most 5% of the issued share capital,

- Inform the shareholders about buy-back transactions in the first upcoming General Assembly.