Garanti BBVA Announces Share Buyback Program
Garanti BBVA has decided to launch a share buyback program for a maximum period of three years, reflecting its confidence in its strong financial position and long-term value creation potential. Under the program, the Bank plans to repurchase the shares up to nominal value of 85 million TL and allocate a maximum of TL 11 billion for these transactions.
In line with the decision taken by Garanti BBVA's Board of Directors at its meeting held on November 3, 2026, the program for the repurchase of the Bank's shares on the Borsa Istanbul Equity Market come into effect on November 4, 2026. The program is planned to be carried out in accordance with the relevant capital markets regulations and banking legislation, and taking into account market conditions, the Bank's liquidity position and capital adequacy.
The Share Buyback Program and the share buyback transactions carried out under the program will be presented to shareholders for their information at the first General Assembly meeting to be held. At the first General Assembly meeting held following the completion of the Share Buyback Program, the cancellation of the repurchased shares in accordance with the applicable laws will be proposed to the General Assembly for approval.