Brief: Turkcell Says It Will Start Share Buyback Programme With Allocated Funds Of 8.50 Bln Lira

Turkcell Iletisim Hizmetleri

26/03/2025 06:49

March 26 (Reuters) - TURKCELL İLETİŞİM HİZMETLERİ TCELL.IS:

SAID ON TUESDAY, TO START SHARE BUYBACK PROGRAMME UP TO AN AMOUNT CORRESPONDING TO 10% OF  COMPANY'S ISSUED CAPITAL OF 2.2 BILLION LIRA WITH ALLOCATED FUNDS OF 8.50 BILLION LIRA

DURATION OF SHARE BUYBACK PROGRAM IS A MAXIMUM OF 3 YEARS FROM DATE OF GENERAL ASSEMBLY APPROVAL OF SHARE BUYBACK PROGRAM

A FUND UP TO 8.5 BILLION LIRA HAS BEEN ALLOCATED FOR SHARE BUYBACK PROGRAM FROM COMPANY'S RESOURCES AND CASH FLOW FROM ITS OPERATIONS

 Source text: nIKA7KQ8DD
 Further company coverage: TCELL.IS

 (Gdansk Newsroom)

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