Marti Technologies Provides Update on Its Share Repurchase Program
Further to the share repurchase program first initiated on January 10, 2024, and extended and replaced from time to time, Marti Technologies, Inc. (NYSE American: MRT) announces that, since the start of the program, it has repurchased 274,200 MRT ordinary shares at an average price of $2.25 per share, for a total outlay of $618,296. The up to $2.5 million repurchase program, which is subject to a ceiling price of $6.00 per share, will run through October 26, 2026.
About Marti:
Founded in 2018, Marti is Türkiye’s leading mobility app, offering a wide variety of transportation services. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers; offers delivery services; and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure. For more information, visit www.marti.tech.
Cautionary Note Regarding Forward-Looking Statements:
