Summary Info
Repurchase of Shares
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Company Performs the Buy-Back
TÜRKİYE İŞ BANKASI A.Ş.
Company Subject to Buy-Back
TÜRKİYE İŞ BANKASI A.Ş.
Type Of Buy-Back
Other
The Purpose of Buy-Back
After the earthquake disaster on February 6, 2023, by our Board of Directors, in order to support price formations and to protect the interests of all investors
Board Decision Date
14.02.2023
Number Of Shares To Be Acquired
330.000.000
Maximum Amount To Be Paid (TL)
3.000.000.000
Additional Explanations

After the earthquake disaster on February 6, 2023, by our Board of Directors, in order to support price formations and to protect the interests of all investors;

- Within the scope of the Principle Decision numbered 9/177 announced by the Capital Markets Board's bulletin numbered 2023/10 dated 14.02.2023, the Group C shares of our Bank can be bought back from the market at Borsa Istanbul,

- Determining the maximum number of shares that can be repurchased as 330 million,

- Determining the maximum amount of funds that can be used for repurchase as 3 billion TL,

- The Head Office has been authorized until 31.12.2023 for the fulfillment of buyback transactions within the determined limits.