Which stocks performed buybacks last week?

Which Stocks Announced Buybacks Last Week?

In Borsa İstanbul, between January 12-16, several companies conducted buyback transactions to support healthy price formation. The prominent companies during this period included Enerya Enerji (ENERY), Kalyon Güneş Teknolojileri (KLYPV), Orge Enerji (ORGE), Dagi Giyim (DAGI), Escar Filo (ESCAR), Lokman Hekim Sağlık (LKMNH), and Büyük Şefler Gıda (BIGCH).

Why is the Buyback Process Important?

Stock buyback is a method by which companies aim to increase the value of their shares by purchasing their own stock from the market. When companies experience a loss in share value due to market fluctuations, negative perceptions, and other factors, these buyback transactions are intended to preserve the value of their existing shares.

Advantages of Buybacks

• Providing cash support to shareholders.
• Reducing excessive volatility in share prices.
• Preventing control of shares from slipping into competitors' hands.
• Effectively utilizing cash held in the company.
• Increasing confidence in the company's stock value.

How is the Buyback Process Conducted?

The stock buyback processes are carried out in accordance with the regulations set forth by the Capital Markets Board. It is stated that the buyback shares must be eligible for trading on the stock exchange and are conducted within a process authorized by the board of directors.

All these processes are conducted with the interests of the shareholders in mind. After a company buys back its shares, its earnings per share (EPS) are typically positively affected. This situation is an important criterion that investors consider when evaluating companies.