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Marti Technologies Provides Update on Its Share Repurchase Program

  • Marti Technologies, Inc. has repurchased 274,200 ordinary shares since the start of its program initiated on January 10, 2024.
  • The company paid an average price of $2.25 per share, resulting in a total outlay of $618,296.
  • The share repurchase program has a ceiling price of $6.00 per share & a total authorization of up to $2.5 million.
  • The program is scheduled to run through October 26, 2026.
  • Marti is a mobility app founded in 2018 in Türkiye, offering ride-hailing, delivery, & rental services for e-mopeds, e-bikes, & e-scooters.
  • The press release includes forward-looking statements regarding the timing & execution of the repurchase program that involve known risks & uncertainties.
  • Investor contact information is available via Turgut Yilmaz at Investor.relations@marti.tech.