Europap Tezol Paper launches a share buyback program.

Foreks - Europap Tezol Paper is launching a share buyback program valid for a maximum of 14 months.

In a statement to the Public Disclosure Platform (KAP), the company’s Board of Directors announced during their meeting on March 26, 2025, that in light of developments in the capital markets of our country, they aim to protect shareholders and contribute to healthy price formation. The decisions include the evaluation of current market conditions to determine if buyback transactions should be executed, setting the program duration to a maximum of 14 months, limiting the maximum number of shares for buyback to 5,000,000, and allocating a maximum fund amount of 100,000,000 TL for this purpose. Additionally, necessary disclosures will be made on the Public Disclosure Platform, and the topic will be presented to shareholders at the upcoming General Assembly meeting.