Transaction in Own Shares • May 16, 2023
Transaction in Own Shares
Open in ViewerOpens in native device viewer
| Summary Info | Termination of Share Buyback Program automatically together with the Annual General Meeting |
| Update Notification Flag | Yes |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Company Performs the Buy-Back | BİM BİRLEŞİK MAĞAZALAR A.Ş. |
| Company Subject to Buy-Back | BİM BİRLEŞİK MAĞAZALAR A.Ş. |
| Type Of Buy-Back | Other |
| The Purpose of Buy-Back | The share price does not reflect the real performance of the Company's activities |
| Board Decision Date | 02.02.2023 |
| Number Of Shares To Be Acquired | 5.000.000 |
| Maximum Amount To Be Paid (TL) | 750.000.000 |
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 |
| BIMAS, TREBIMM00018 | 03.02.2023 | 200.000 | 0,033 | 125,625 | - |
| BIMAS, TREBIMM00018 | 06.02.2023 | 126.027 | 0,021 | 126,794 | - |
| BIMAS, TREBIMM00018 | 07.02.2023 | 200.000 | 0,033 | 124,636 | - |
| BIMAS, TREBIMM00018 | 16.02.2023 | 50.000 | 0,008 | 136,181 | - |
| BIMAS, TREBIMM00018 | 27.02.2023 | 50.000 | 0,008 | 132,798 | - |
| BIMAS, TREBIMM00018 | 06.03.2023 | 50.000 | 0,008 | 137,62 | - |
| BIMAS, TREBIMM00018 | 08.03.2023 | 50.000 | 0,008 | 138,772 | - |
| BIMAS, TREBIMM00018 | 20.03.2023 | 115.981 | 0,019 | 145,767 | - |
Completion of Buy-Back
| Code of Share Subject to Buy-back | The Maximum Price Paid For The Buy-Backed Shares (TRY / Unit) | The Average Price Paid For The Buy-Backed Shares (TRY / Unit) | The Cost-Of Buy-Back Program (TRY) | Source Used in the Buy-Back Process | Total Number Of Buy-Backed Shares | Ratio Of Buy-Backed Shares To Capital (%) |
| BIMAS, TREBIMM00018 | 145,77 | 130,89 | 110.206.535 | İç Kaynaklar | 842.008 | 0,139 |
Additional Explanations
Per our announcement dated February 2, 2023, the Board of Directors has started a share buyback program subject to maximum 5.000.000 (5.000.000 TL nominal) shares and maximum fund allocation of TRY 750.000.000 to be obtained from the Company's internal resources.
Within the scope of the program, 842,008 shares were purchased at an average share price of TL 130.89 till general assembly date. The number of BIMAS shares it holds has reached 10,200,000 with the shares within the scope of previous programs and the ratio of these shares to the Company's capital has been 1.68%. Per 5th article of Capital Market Board Communiqué about treasury shares, the program was automatically ended together with 2022 Ordinary General Assembly as of 16.05.2023.
In the event of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.