Summary Info
Share Buy Back Transactions Dated 07.02.2023 and The Revision of the Share Amount to be purchased and Fund to be used in Buy Back Transactions
Update Notification Flag
No
Correction Notification Flag
Yes
Postponed Notification Flag
No
Reason of Correction
By our company's Board of Directors; It has been decided to revise the 35,000,000 shares subject to repurchase, as determined by the Board of Directors Decision dated 28 June 2022, to 60,000,000 shares and the allocated fund of 300,000,000 TL to 600,000,000 TL.
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
07.02.2023
Number Of Shares To Be Acquired
60.000.000
Maximum Amount To Be Paid (TL)
600.000.000
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
TURSG, TRAGUSGR91O3
01.09.2022
300.000
0,026
6,942
TURSG, TRAGUSGR91O3
08.09.2022
500.000
0,043
7,143
TURSG, TRAGUSGR91O3
09.09.2022
600.000
0,052
6,948
TURSG, TRAGUSGR91O3
15.09.2022
500.000
0,043
7,882
TURSG, TRAGUSGR91O3
20.09.2022
276.431
0,024
6,635
TURSG, TRAGUSGR91O3
21.09.2022
300.000
0,026
6,6
TURSG, TRAGUSGR91O3
27.09.2022
300.000
0,026
6,31
TURSG, TRAGUSGR91O3
28.09.2022
300.000
0,026
6,223
TURSG, TRAGUSGR91O3
12.10.2022
300.000
0,026
6,98
TURSG, TRAGUSGR91O3
08.11.2022
300.000
0,026
8,95
TURSG, TRAGUSGR91O3
16.11.2022
435.845
0,038
9,036
TURSG, TRAGUSGR91O3
07.12.2022
1.880.000
0,162
12,55
TURSG, TRAGUSGR91O3
28.12.2022
262.418
0,023
12,72
TURSG, TRAGUSGR91O3
09.01.2023
200.000
0,017
11,57
TURSG, TRAGUSGR91O3
10.01.2023
550.000
0,047
10,96
TURSG, TRAGUSGR91O3
11.01.2023
250.000
0,022
10,47
TURSG, TRAGUSGR91O3
26.01.2023
200.000
0,017
11,06
TURSG, TRAGUSGR91O3
30.01.2023
250.000
0,022
10,45
TURSG, TRAGUSGR91O3
03.02.2023
49.388
0,004
9,91
TURSG, TRAGUSGR91O3
06.02.2023
1.300.589
0,112
9,5
TURSG, TRAGUSGR91O3
07.02.2023
4.854.292
0,418
8,77
Additional Explanations

The purchases made on 07.02.2023 within the scope of share buyback transactions, initiated with the resolution of the Company's Board of Directors dated 28.06.2022 and revised with the resolution of the Company's Board of Directors dated 07.02.2023, are added to the table.

On 07.02.2023, TURSG shares with ₺ 4,854,292 nominal value were repurchased within a price range of ₺ 8.61 – ₺ 9.11 (weighted average ₺ 8.77) per share on Istanbul Stock Exchange by Türkiye Sigorta. Total repurchased shares reach to 1.46% of the capital.