Turkiye Garanti Bankasi A.S. Launches Share Buyback Program

Turkiye Garanti Bankasi A.S. has announced the launch of a share buyback program, effective November 4, 2026. This decision, made by the Board of Directors, reflects the bank's solid financial status, ongoing profitability, and potential for long-term value creation. The initiative aims to protect shareholder interests and align market valuation with the bank's core fundamentals and performance.

Under this program, the bank will repurchase shares with a total nominal value not exceeding 85 million, allocating up to TRY 11.0 billion for these transactions. The buyback will occur over a three-year period. Shareholders will be informed of the program's details and progress at the upcoming General Shareholders' Meeting.

The bank also plans to recommend the cancellation of repurchased shares once the program concludes. Garanti BBVA's Head Office is authorized to manage the buyback process and associated disclosures.