Transaction in Own Shares • Sep 1, 2022
Transaction in Own Shares
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| Summary Info | Share Buy Back Transactions Dated September 1, 2022 |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| 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 | 28.06.2022 |
| Number Of Shares To Be Acquired | 35.000.000 |
| Maximum Amount To Be Paid (TL) | 300.000.000 |
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 |
Additional Explanations
Pursuant to share buyback transactions initiated with the resolution of the Company's Board of Directors dated 28.06.2022;
On 01.09.2022, TURSG shares with ₺ 300,000 nominal value were repurchased within a price range of ₺ 6.93 – ₺ 6.95 (weighted average ₺ 6.942) per share on Istanbul Stock Exchange by Türkiye Sigorta. Total repurchased shares reach to 0.29% of the capital.
In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail
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