{"id":976534,"date":"2026-06-29T10:54:01","date_gmt":"2026-06-29T14:54:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-provides-update-on-its-share-repurchase-program\/"},"modified":"2026-06-29T10:54:01","modified_gmt":"2026-06-29T14:54:01","slug":"marti-technologies-provides-update-on-its-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-provides-update-on-its-share-repurchase-program\/","title":{"rendered":"Marti Technologies Provides Update on Its Share Repurchase Program"},"content":{"rendered":"

<\/p>\n

Marti Technologies Provides Update on Its Share Repurchase Program<\/b><\/p>\n

ISTANBUL–(BUSINESS WIRE<\/a>)–
\nFurther to the share repurchase program first initiated on January 10, 2024, and extended and replaced from time to time, Marti Technologies, Inc. (NYSE American: MRT) announces that, since the start of the program, it has repurchased 274,200 MRT ordinary shares at an average price of $2.25 per share, for a total outlay of $618,296. The up to $2.5 million repurchase program, which is subject to a ceiling price of $6.00 per share, will run through October 26, 2026.<\/p>\n

About Marti:<\/b><\/p>\n

\nFounded in 2018, Marti is T\u00fcrkiye\u2019s leading mobility app, offering a wide variety of transportation services. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers; offers delivery services; and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti\u2019s offerings are serviced by proprietary software systems and IoT infrastructure. For more information, visit www.marti.tech<\/a>.<\/p>\n

Cautionary Note Regarding Forward-Looking Statements:<\/b><\/p>\n

\nCertain statements made in this press release constitute forward-looking statements within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements related to the share repurchase program and the timing of share repurchases, if any. These forward-looking statements are based on management\u2019s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks discussed in the Company\u2019s filings with the U.S. Securities and Exchange Commission, including the Company\u2019s Annual Report on Form 20-F. Marti undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260629138026\/en\/<\/a><\/span><\/p>\n

Investor Contact
\n<\/b>
Marti Technologies, Inc.
\n
Turgut Yilmaz
\n
Investor.relations@marti.tech<\/a><\/p>\n

KEYWORDS:<\/b> Turkey Europe<\/p>\n

INDUSTRY KEYWORDS:<\/b> Apps\/Applications Technology EV\/Electric Vehicles Automotive Vehicle Technology Software Transportation IOT (Internet of Things) Travel<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Marti Technologies Provides Update on Its Share Repurchase Program ISTANBUL–(BUSINESS WIRE)– Further to the share repurchase program first initiated on January 10, 2024, and extended and replaced from time to time, Marti Technologies, Inc. (NYSE American: MRT) announces that, since the start of the program, it has repurchased 274,200 MRT ordinary shares at an average price of $2.25 per share, for a total outlay of $618,296. The up to $2.5 million repurchase program, which is subject to a ceiling price of $6.00 per share, will run through October 26, 2026. About Marti: Founded in 2018, Marti is T\u00fcrkiye\u2019s leading mobility app, offering a wide variety of transportation services. Marti operates a ride-hailing service that matches riders with car, motorcycle, and … <\/p>\n

Continue reading “Marti Technologies Provides Update on Its Share Repurchase Program”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-976534","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMarti Technologies Provides Update on Its Share Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-provides-update-on-its-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marti Technologies Provides Update on Its Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Marti Technologies Provides Update on Its Share Repurchase Program ISTANBUL–(BUSINESS WIRE)– Further to the share repurchase program first initiated on January 10, 2024, and extended and replaced from time to time, Marti Technologies, Inc. (NYSE American: MRT) announces that, since the start of the program, it has repurchased 274,200 MRT ordinary shares at an average price of $2.25 per share, for a total outlay of $618,296. The up to $2.5 million repurchase program, which is subject to a ceiling price of $6.00 per share, will run through October 26, 2026. About Marti: Founded in 2018, Marti is T\u00fcrkiye\u2019s leading mobility app, offering a wide variety of transportation services. 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