Turkish Airlines will hold its Annual General Assembly Meeting to evaluate its 2024 operations on May 21, 2025, in Istanbul.
Turkish Airlines Inc. (THY) will conduct its Annual General Assembly Meeting, covering the 2024 fiscal year, on Wednesday, May 21, 2025, at 2:00 PM at the VIP Meeting Room of the General Management Building in the Bakırköy district of Istanbul. During the meeting, the company’s financial performance and future-oriented decisions will be discussed.
Shareholders Must Hold Shares by May 20
Shareholders wishing to attend the General Assembly must hold their shares by May 20, 2025. Investors who intend to participate are responsible for ensuring their ownership records are registered with the Central Registry Agency (CRA).
Key Agenda Items
Important agenda items include the 2024 annual report, independent audit reports, approval of financial statements, discharge of the board of directors, and decisions regarding profit distribution.
Additionally, proposed amendments to the articles of association, a new share buyback program, board elections, and setting the upper limit for donations in 2025 will be presented for shareholder approval.
New Share Buyback Program to Be Voted On
In line with the Capital Markets Board Communiqué No. II-22.1, information will be shared regarding share buybacks executed by THY. Furthermore, the board’s proposed new share buyback program will be submitted for the General Assembly’s approval. This move is seen as part of the company’s strategy to strengthen its capital structure.
Capital Ceiling and Articles of Association Amendments on the Agenda
Another key issue on the agenda is the proposed increase of the company’s registered capital ceiling and related amendments to the articles of association. Changes are proposed for a total of seven articles, primarily Article 6 titled “Capital and Shareholding Structure.”
General Assembly Documents Now Available
The announcement text, informational documents, amendment draft of the articles of association, and the share buyback program have been made available to the public and shareholders. These documents can be accessed through the company’s official website and the Public Disclosure Platform (KAP).
Meeting Details
Date: Wednesday, May 21, 2025
Time: 14:00
Venue: General Management Building VIP Meeting Room, Havaalanı Street No: 3/1, Yeşilköy Neighborhood, Bakırköy / Istanbul
