Gedik Investment Prepares for Share Buyback

Gedik Yatırım Menkul Değerler A.Ş. (GEDIK) has prepared a Share Buyback Program Proposal aimed at stabilizing price movements in the company's shares, preventing price fluctuations, and contributing to healthy price formation in line with market conditions. This proposal will be submitted for the approval of shareholders at the Extraordinary General Assembly Meeting scheduled for January 31, 2025.

Details of the Buyback Program:

Program Duration: The buyback program will be valid for 3 years from the date it is approved by the General Assembly. Maximum Number of Shares: The total nominal value of the shares that can be repurchased under the program has been set at 57,000,000 TL (57 million shares). Allocated Fund: The total fund allocated for buyback transactions has been announced as 513 million TL. Authorization: Following the approval of the General Assembly, the company's General Management will be authorized to carry out the buyback transactions.

Objectives and Expectations: With the buyback program, the company aims to:

Stabilize the market activity of Gedik Investment shares, Minimize price fluctuations to protect shareholders' interests, Contribute to healthy price formation in the stock market.

Gedik Yatırım stated that if the program is approved by shareholders, it will initiate transactions in accordance with the relevant regulations of the Capital Markets Board.