Most Bought Back Stocks: Weekly Analysis

Which Stocks Redeemed in the Past Week?

Companies listed on Borsa Istanbul carried out significant buyback transactions between October 13-17 to support healthy price formation in the markets. During this period, Enerya Energy (ENERY), Bim Stores (BIMAS), Mavi Clothing (MAVI), Net Holding (NTHOL), Escar Fleet (ESCAR), along with several other companies, stood out.

Stocks with the Most Buybacks

Based on the total buyback amounts executed, the following stocks managed to attract investors' attention:

• Enerya Energy (ENERY): %1.95
• Bim Stores (BIMAS): %0.95
• Escar Fleet (ESCAR): %1.52
• Mavi Clothing (MAVI): %0.38
• Net Holding (NTHOL): %0.50

The Importance of Stock Buybacks

Stock buybacks are efforts by companies to preserve their stock values in the face of market fluctuations or negative investor comments that may lead to a decline in value. By repurchasing their own shares, companies aim to support the value of the existing stocks. This process also acts as an important confidence-building tool for shareholders by affecting the market price of the stocks.

Why are Stock Buybacks Conducted?

• Providing cash support to shareholders
• Reducing excessive volatility in stock prices
• Preventing the control of the company from passing to competitors
• Utilizing idle cash in the company’s treasury
• Increasing confidence in the company's shares

The Stock Buyback Process

These transactions are conducted in compliance with the regulations set by the Capital Markets Board. Buyback processes are carried out within a specific period determined by the authorized board of directors and are subject to stock exchange rules.

In conclusion, companies' buybacks are an important strategy not only to ensure market stability but also to enhance shareholder confidence. For investors, this situation presents opportunities to establish medium and long-term strategies.