Marti Technologies (MRT) Announces $2.5M Share Buyback
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Marti Announces up to $2.5M Share Repurchase Program
January 10, 2024 4:09 PM ESTISTANBUL--(BUSINESS WIRE)-- Türkiyes leading mobility super app Marti Technologies, Inc. (Marti or the Company) (NYSE American: MRT) today announced a share repurchase program.
The Companys Board of Directors (the Board) today authorized a share repurchase program under which the Company may repurchase up to $2.5 million of its outstanding Class A ordinary shares, representing approximately 7.9% of the Companys market capitalization as of January 9, 2024 with a closing price of $0.6510. The repurchase program is effective immediately and is valid for a period of six months from such date (the Repurchase Program). Under the Repurchase... More
