Summary Info | Termination of the Share Buyback Program initiated pursuant to the resolution of the General Assembly dated April 24, 2025 | Update Notification Flag | Yes | Correction Notification Flag | No | Postponed Notification Flag | No |
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Company Performs the Buy-Back | SASA POLYESTER SANAYİ A.Ş. | Company Subject to Buy-Back | SASA POLYESTER SANAYİ A.Ş. |
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Type Of Buy-Back | Within The Frame Of Buy-Back Program | Board Decision Date | 27.03.2025 | If Any, Duration Of Buy-Back Program | The period from the date of General Assembly approval of the program until the date of 2025 Ordinary General Assembly meeting to be held in 2026. | Total Amount Of The Fund Set Aside For Acqusition | 2.000.000.000 |
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Scheduled Period Of Buy-Back |
Code of Share Subject to Buy-back | Starting Date Of Period | Ending Date Of Period | Nominal Value (TRY) | Ratio To Capital (%) | SASA, TRASASAW91E4 | 25.04.2025 | 24.04.2026 | | |
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Code of Share Subject to Buy-back | Transaction Date | Nominal Value of Shares Subject to Transaction (TRY) | Ratio To Capital (%) | Transaction Price (TRY / Unit) | Nominal Value Of Shares Previously Buy-Backed Within The Frame Of The Program (TRY) | Privileges, If Any, Associated With These Shares | SASA, TRASASAW91E4 | 25.04.2025 | 16.000.000 | 0,03652 | 4,123 | | - | SASA, TRASASAW91E4 | 28.04.2025 | 20.000.000 | 0,04565 | 4,105 | 16.000.000 | - | SASA, TRASASAW91E4 | 29.04.2025 | 10.000.000 | 0,02282 | 4,118 | 36.000.000 | - | SASA, TRASASAW91E4 | 30.04.2025 | 11.500.000 | 0,02625 | 4,202 | 46.000.000 | - | SASA, TRASASAW91E4 | 02.05.2025 | 12.000.000 | 0,02739 | 4,183 | 57.500.000 | - | SASA, TRASASAW91E4 | 06.05.2025 | 25.000.000 | 0,05706 | 4,02 | 69.500.000 | - | SASA, TRASASAW91E4 | 07.05.2025 | 40.000.000 | 0,09129 | 3,852 | 94.500.000 | - | SASA, TRASASAW91E4 | 08.05.2025 | 20.000.000 | 0,04565 | 3,807 | 134.500.000 | - | SASA, TRASASAW91E4 | 09.05.2025 | 20.000.000 | 0,04565 | 3,802 | 154.500.000 | - |
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Code of Share Subject to Buy-back | Starting Date Of Buy-Back Period | Ending Date of Buy- Back Period | The Maximum Price Paid For The Buy-Backed Shares (TRY / Unit) | The Average Price Paid For The Buy-Backed Shares (TRY / Unit) | The Cost-Of Buy-Back Program (TRY) | Source Used in the Buy-Back Process | Total Amount Of Buy-Backed Shares (Nominal TL) | Ratio Of Buy-Backed Shares To Capital (%) | SASA, TRASASAW91E4 | 24.04.2025 | 05.05.2026 | 4,23 | 3,98 | 694.510.000 | Şirket İç kaynakları | 174.500.000 | 0,716 |
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Is the Buy-Back Program Terminated? | Yes |
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Within the scope of the share buyback program initiated pursuant to the resolution of the General Assembly dated April 24, 2025 and subsequently concluded, a total of 174,500,000 shares were repurchased. The total cost of these buybacks amounted to TRY 694,510,000, with an average price per share of TRY 3.98 and a highest price of TRY 4.23. All repurchases were funded from the Company's internal resources.
As of today, the total nominal value of the Company's treasury shares amounts to TRY 315,250,000 representing 0.71595% of the Company's share capital.
In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation.
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| Appendix: 1 | Geri Alım Programı.pdf - Buy-Back Program | Appendix: 2 | Share Buy-Back Program.pdf - Buy-Back Program |
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