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TÜRK TELEKOMÜNİKASYON A.Ş.

Transaction in Own Shares Feb 8, 2023

5965_rns_2023-02-08_232ff27f-1364-4bab-9aa8-47dd7001b9e6.html

Transaction in Own Shares

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Summary Info About Share Buy Back Decision
Update Notification Flag No
Correction Notification Flag No
Postponed Notification Flag No
Company Performs the Buy-Back TÜRK TELEKOMÜNİKASYON A.Ş.
Company Subject to Buy-Back TÜRK TELEKOMÜNİKASYON A.Ş.
Type Of Buy-Back Other
The Purpose of Buy-Back To buy back the Company's shares in order to support the healthy pricing in the stock market.
Board Decision Date 08.02.2023
Number Of Shares To Be Acquired 2.000.000.000
Maximum Amount To Be Paid (TL) 500.000.000

Additional Explanations

In accordance with the authorisation granted at the General Assembly meeting dated 25.07.2020 and the announcements made by the Capital Markets Board on 21.07.2016 and 25.07.2016, our Board of Directors has authorised the management, to buy back the Company's shares in order to support the healthy pricing in the stock market.

Accordingly, the Board of Directors resolved to;

- determine the maximum amount of funds to be allocated for share buyback to be TL 500,000,000,

- determine the maximum number of shares that may be subject to buy-back to be 2,000,000,000 shares (nominal amount of TL 20,000,000),

- inform shareholders on the share buyback transactions at the first upcoming General Assembly Meeting,

- jointly authorise our Chief Executive Officer, CEO and Chief Financial Officer, CFO for the transactions.

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