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Marti Technologies Expands Share Buyback Program

Marti Technologies Expands Share Buyback Program

Marti Technologies Inc (MRT) has released an update.

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Marti Technologies, Inc., a leading mobility app in Türkiye, announced an extension of its share repurchase program until October 9, 2024, with plans to buy back up to $2.5 million of its Class A ordinary shares at a maximum of $3.30 per share. The repurchases will be conducted based on various factors, including market conditions and the company’s liquidity, with the aim to enhance shareholder value. The mobility giant, which provides a range of transportation services through its proprietary software and IoT infrastructure, continues to adapt its strategies to the market’s demands.

For further insights into MRT stock, check out TipRanks’ Stock Analysis page.

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