Summary Info
Share Buy Back Transactions Dated July 1, 2022
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Company Performs the Buy-Back
TÜRKİYE SİGORTA A.Ş.
Company Subject to Buy-Back
TÜRKİYE SİGORTA A.Ş.
Type Of Buy-Back
Other
The Purpose of Buy-Back
Having been evaluated that the share price does not reflect the financial performance of the Company therefore share buy-back is planned to contribute to healthy price formation.
Board Decision Date
28.06.2022
Number Of Shares To Be Acquired
35.000.000
Maximum Amount To Be Paid (TL)
300.000.000
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
TURSG, TRAGUSGR91O3
01.07.2022
200.000
0,002
5,07
Additional Explanations

Pursuant to share buyback transactions initiated with the resolution of the Company's Board of Directors dated 28.06.2022;

On 01.07.2022, TURSG shares with ₺ 200,000 nominal value were repurchased within a price range of ₺ 5.04 – ₺ 5.09 (weighted average ₺ 5.07) per share on Istanbul Stock Exchange by Türkiye Sigorta and these repurchased shares represent 0.0018% of the share capital.

In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail