MRT News & Events

Further to the share repurchase program first initiated on January 10, 2024, and extended and replaced from time to time, Marti Technologies, 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 $2.5M repurchase program, which is subject to a ceiling price of $6.00 per share, will run through October 26.

Marti Technologies announced that as of June 11, Marti's ride-hailing service has reached 4.30M riders and 532,000 registered drivers, exceeding the June 30 targets of 4.3M riders and 530,000 registered drivers. Marti's number of ride-hailing riders grew 96% from June 11, 2025 to June 11, 2026. The number of registered drivers grew 68% during the same time period. The fast growth in both the rider and driver sides of Marti's ride-hailing marketplace demonstrates large demand for the service across Turkiye. The service intends to provide readily available, safe, and affordable rides for riders, while providing economic opportunities for drivers across the income spectrum. Encouraged by the growth in the rider and driver bases of its ride-hailing business, Marti has set targets for 4.9M riders and 580,000 registered drivers by September 30.