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TÜRKİYE SİGORTA A.Ş.

Transaction in Own Shares Feb 7, 2023

5971_rns_2023-02-07_031d727a-20e8-4a0c-86e0-50f5b753d99e.html

Transaction in Own Shares

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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.

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