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Details of Buy-Back
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Additional Explanations
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Dear Shareholders,
The share buy-back transaction made on 3.05.2023 in accordance with the share buy-back program initiated with the Board of Directors decision dated 14.02.2023 is shown in the table.
On 03.05.2023, 475,654 shares were bought-back from the TL 17.78 – TL 18.43 price range (average TL 17.994) and the INVEO shares owned by our Company within the scope of this buy-back program reached 1,950,000 shares (0.81% of the Company's capital).
At the Board of Directors meeting of our Company dated 03.05.2023,
With the decision of the Board of Directors of our Company dated 14.02.2023, within the scope of the buy-back program initiated by allocating 1,950,000 shares and TL 50,000,000 funds in order to stabilise the fluctuations experienced on Inveo Yatırım Holding AŞ (INVEO) shares depending on the market conjuncture, to prevent price fluctuations, to contribute to healthy price formation in the Stock Exchange and to protect the interests of our shareholders, 1,950,000 INVEO shares and TL 40,851,585.82 funds have been used so far.
At the Board of Directors' resolution of our Company dated 03.05.2023 regarding the buy-back program in force,
1) To take the Capital Markets Board's principle decision numbered i-SPK.22.7 (14.02.2023 dated and 9/177 p.k.) as basis,
2) To increase the fund to be set aside for the buy-back shares by TL 50,000,000,
3) To revise the maximum number of shares that can be subject to buy-back, which was determined as 1,950,000 shares, as 4,200,000 shares and the fund to be allocated for buy-back, which was determined as TL 50,000,000, as TL 100,000,000,
4) To revise the buy-back program period as 1 years to be valid as of 14.02.2023,
5) It has been decided to continue to authorise the General Management to carry out the buy-back transactions and to include the buy-back transactions to be carried out in the agenda of the first general assembly meeting to be held and to inform the shareholders at the general assembly.
It is respectfully announced to the public.
In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.
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