Aksa Akrilik Kimya Sanayi A.Ş. according to the decision taken by the Board of Directors on 20.02.2023;
The following conditions have been decided for our Company to repurchase its own shares in the stock market, if deemed necessary, based on the permission given within the framework of the Capital Markets Board's Communique II-22.1 on Repurchased Shares and the announcement made by the principle decision numbered 9/177 dated 14.02.2023.
- In order to protect the interests of the company's small shareholders and contribute to healthy price formation, our company's own shares can be bought back on the stock exchange,
- Authorization of Board Member and General Manager Mr. Cengiz TAŞ and Financial Affairs Director Mr. Erdinç KAZAK to carry out the repurchase of our company's own shares in the stock market,
- The maximum amount of funds that can be allocated for share buyback will be determined as 1,500,000,000 TL (one billion five hundred million Turkish Liras),
- Determining the maximum number of shares that may be subject to share buyback as a nominal value of 20,000,000 TL (twenty million Turkish Liras),
- The period during which repurchase can be made will be determined as a maximum of 3 (three) years in accordance with the provisions of the notification,
decided.
It is announced to the public.