Summary Info
Share Buy Back Transactions Dated August 22, 2022
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
Ratios to capital have been corrected.
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
0,017
5,07
TURSG, TRAGUSGR91O3
06.07.2022
100.000
0,009
5,065
TURSG, TRAGUSGR91O3
21.07.2022
350.000
0,03
5,102
TURSG, TRAGUSGR91O3
10.08.2022
938.137
0,081
5,284
TURSG, TRAGUSGR91O3
11.08.2022
450.000
0,039
5,436
TURSG, TRAGUSGR91O3
12.08.2022
450.000
0,039
5,339
TURSG, TRAGUSGR91O3
16.08.2022
300.000
0,026
5,45
TURSG, TRAGUSGR91O3
22.08.2022
280.720
0,024
6,264
Additional Explanations

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

On 22.08.2022, TURSG shares with ₺ 280,720 nominal value were repurchased within a price range of ₺ 6.24 – ₺ 6.27 (weighted average ₺ 6.264) per share on Istanbul Stock Exchange by Türkiye Sigorta and these repurchased shares represent 0.2642% of the share capital.

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