Marti Says On April 24, 2024, The Co Authorized A 3 Month Extension To Its Original 6 Month Share Repurchase Program Under Which The Co May Repurchase Up To $2.5M Of Its Outstanding Class A Ordinary Shares
Marti Says On April 24, 2024, The Co Authorized A 3 Month Extension To Its Original 6 Month Share Repurchase Program Under Which The Co May Repurchase Up To $2.5M Of Its Outstanding Class A Ordinary Shares
Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:MRT) today announced an amendment to its share repurchase program.
土耳其領先的出行超級應用程序Marti Technologies, Inc.（“Marti” 或 “公司”）（紐約證券交易所代碼：MRT）今天宣佈了其股票回購計劃的修正案。
On April 24, 2024, the Company's Board of Directors (the "Board") authorized a 3 month extension to its original 6 month share repurchase program under which the Company may repurchase up to $2.5 million of its outstanding Class A ordinary shares, which was originally initiated on January 10, 2024. In addition, the Board set a ceiling price of $3.30 per share for the share repurchases, giving the Company the ability to perform share repurchases up to a maximum share price of $3.30. As of market close on April 24, 2024, the Company's share price was $1.53.
2024 年 4 月 24 日，公司董事會（“董事會”）批准將其最初的 6 個月股票回購計劃延期 3 個月，根據該計劃，公司可以回購最多 250 萬澳元的已發行的 A 類普通股，該計劃最初於 2024 年 1 月 10 日啓動。此外，董事會將股票回購的上限價格定爲每股3.30美元，這使公司能夠在最高股價3.30美元的情況下進行股票回購。截至2024年4月24日收盤時，該公司的股價爲1.53美元。
The amended repurchase program is effective immediately and is valid until October 9, 2024 (the "Repurchase Program"). Under the Repurchase Program, the Company may repurchase Class A ordinary shares in privately negotiated or open-market transactions in accordance with applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Board may periodically review the Company's Repurchase Program and decide to extend its terms or increase the authorized amount. The Repurchase Program may also be suspended or discontinued by the Board at any time.
修訂後的回購計劃立即生效，有效期至2024年10月9日（“回購計劃”）。根據回購計劃，公司可以根據適用的證券法律法規，包括經修訂的1934年《證券交易法》第10b-18條，通過私下談判或公開市場交易回購A類普通股。董事會可以定期審查公司的回購計劃，並決定延長其任期或增加授權金額。董事會也可以隨時暫停或終止回購計劃。
The specific timing and amount of repurchases will be at the discretion of the Company's management team, and will depend on a variety of factors, including its assessment of the intrinsic value of the Company's Class A ordinary shares, the market price of the Company's Class A ordinary shares, general market and economic conditions, available liquidity, compliance with the Company's debt and other agreements, applicable legal, regulatory and contractual restrictions and the Company's capital and business strategy.
回購的具體時間和金額將由公司管理團隊自行決定，並將取決於多種因素，包括其對公司A類普通股內在價值的評估、公司A類普通股的市場價格、總體市場和經濟狀況、可用流動性、對公司債務和其他協議的遵守情況、適用的法律、監管和合同限制以及公司的資本和業務戰略。
譯文內容由第三人軟體翻譯。