Marti Announces Amendment to Extend its Share Repurchase Program
Marti Technologies, Inc. Class A Ordinary Shares (MRT)
Last marti technologies, inc. class a ordinary shares earnings: 11/9 05:00 pm
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Source: Business Wire
ISTANBUL--(BUSINESS WIRE)--Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced an amendment to extend its share repurchase program.The Company’s Board of Directors (the “Board”) authorized a six month extension to its share repurchase program under which the Company may repurchase up to $2.5 million of its outstanding Class A ordinary shares until April 9, 2025. The share repurchase program was originally initiated on January 10, 2024 and was previously amended to extend the term until October 9, 2024. In addition, the Board amended the ceiling price from $3.30 per share to up to $5.00 per share for the share repurchases. As of market close on October 8, 2024, the Company's share price was $2.04.The amended repurchase program is effective immediately and is valid until April 9, 2025 (the “Repurchase Program”). Under the Repurchase Program, the Company may repurchase Class A ordinary shares in privately negot
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MRT
Sec Filings
- 11/26/24 - Form 6-K
- 11/1/24 - Form 6-K
- 10/9/24 - Form 6-K
- MRT's page on the SEC website