Transaction in Own Shares • Feb 14, 2023
Transaction in Own Shares
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| Summary Info | Repurchase of Shares |
| Update Notification Flag | No |
| Correction Notification Flag | No |
| Postponed Notification Flag | No |
| Company Performs the Buy-Back | TÜRKİYE İŞ BANKASI A.Ş. |
| Company Subject to Buy-Back | TÜRKİYE İŞ BANKASI A.Ş. |
| Type Of Buy-Back | Other |
| The Purpose of Buy-Back | After the earthquake disaster on February 6, 2023, by our Board of Directors, in order to support price formations and to protect the interests of all investors |
| Board Decision Date | 14.02.2023 |
| Number Of Shares To Be Acquired | 330.000.000 |
| Maximum Amount To Be Paid (TL) | 3.000.000.000 |
Additional Explanations
After the earthquake disaster on February 6, 2023, by our Board of Directors, in order to support price formations and to protect the interests of all investors;
- Within the scope of the Principle Decision numbered 9/177 announced by the Capital Markets Board's bulletin numbered 2023/10 dated 14.02.2023, the Group C shares of our Bank can be bought back from the market at Borsa Istanbul,
- Determining the maximum number of shares that can be repurchased as 330 million,
- Determining the maximum amount of funds that can be used for repurchase as 3 billion TL,
- The Head Office has been authorized until 31.12.2023 for the fulfillment of buyback transactions within the determined limits.
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