Marti Technologies, Inc. announced on October 2, 2025, an amendment to extend its share repurchase program. The company's Board of Directors authorized a six-month extension, allowing repurchases of up to $2.5 million of its outstanding Class A ordinary shares until April 9, 2026.
The Board maintained the previously set ceiling price of up to $6.00 per share for these repurchases. This program was originally initiated on January 10, 2024, and had been previously extended until October 9, 2025.
The extension of the repurchase program reflects management's ongoing assessment of the intrinsic value of Marti's Class A ordinary shares. The specific timing and amount of repurchases will be at the discretion of the management team, based on various factors including market conditions and available liquidity.
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