BuybackApr 27, 2026, 06:12 AM
MRT Authorizes New $2.5M Share Buyback Program
AI Summary
Marti Technologies, Inc. announced a new share repurchase program, authorizing the company to buy back up to $2.5 million of its outstanding Class A ordinary shares. This program is effective until October 26, 2026, and replaces a previous program that expired on April 9, 2026. The board also set a ceiling price of $6.00 per share for the repurchases.
Key Highlights
- Marti Technologies, Inc. authorized a new share repurchase program.
- The company may repurchase up to $2.5 million of its Class A ordinary shares.
- The program is effective until October 26, 2026.
- It replaces a prior share repurchase program that expired on April 9, 2026.
- A ceiling price of $6.00 per share was established for the repurchases.