Summary Info
Launching Share Buy-Back Program
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Company Performs the Buy-Back
KAFEİN YAZILIM HİZMETLERİ TİCARET A.Ş.
Company Subject to Buy-Back
KAFEİN YAZILIM HİZMETLERİ TİCARET A.Ş.
Type Of Buy-Back
Other
The Purpose of Buy-Back
Share Price Does Not Reflect The Actual Performance Of The Company's Operations
Board Decision Date
15.02.2023
Number Of Shares To Be Acquired
300.000
Maximum Amount To Be Paid (TL)
10.000.000
Additional Explanations

Based on the resolution taken by the Board of Directors dated 15.02.2023 and numbered 3, it has been decided to;

  • Buyback its shares on the stock exchange with respect to the announcements made by the Capital Markets Board of Turkey dated 14.02.2023 and numbered 9/177 and within the framework of the "Communiqué on Buy-Backed Shares" numbered II-22.1
  • Initiate the buyback program regarding the company's shares traded on BIST, since share values do not reflect the actual performance of the company's operations,
  • Determine the maximum number of shares, which may be subject to the buyback as 300,000 and determine the maximum amount of funds to be allocated for the share buyback as TRY 10,000,000 and to finance respective share repurchases from the Company's internal resources,
  • Submit the share buyback program to the shareholders' information at the upcoming General Assembly Meeting.