Highlighted Share Buybacks from Last Week

Highlights of Last Week's Share Buybacks

The share buybacks conducted between December 15-19 on Borsa Istanbul drew the attention of investors. Share buyback is an effort by companies to increase their value by purchasing their own shares from the markets. The standout companies and their buyback ratios during this period are as follows:

• Büyük Şefler Gıda (BIGCH): %3.16
• Escar Filo (ESCAR): %1.53
• Ofis Yem Gıda (OFSYM): %1.38
• Enerya Enerji (ENERY): %1.43
• Net Holding (NTHOL): %2.67
• Kalyon Güneş Teknolojileri (KLYPV)
• Global Yatırım Holding (GLYHO)
• Akfen İnşaat (AKFIS)
• Lokman Hekim Sağlık (LKMNH)
• Akfen GMYO (AKFGY)

Objectives of Share Buybacks

Companies use share buybacks to achieve a variety of strategic objectives. These objectives include providing cash support to shareholders, reducing excessive volatility in share prices, and maintaining the market value of the company. Additionally, buybacks can prevent control from falling into the hands of competitors.

Effects of Share Buybacks

Share buybacks have positive effects on earnings per share (EPS). EPS reflects the financial strength and performance of the company, making it an important factor in investors' decision-making processes. Although the total profit does not change during the buyback process, the reduction in the number of shares outstanding can increase the EPS.

Implementation Process

The Capital Markets Board sets regulations on how share buyback transactions should be conducted. Buybacks must be carried out in compliance with stock exchange standards. The board of directors must obtain authorization for a certain period, and this process is detailed within legal regulations.

It is worth noting that this information is not investment advice.