Highlights of Last Week's Share Buyback Stocks

Stocks with the Most Buybacks in Recent Weeks

In Borsa Istanbul, stocks that implemented buybacks between December 1-5 are attracting investor interest. Among the companies that performed the most buybacks during this period are Bim Stores (BIMAS), Enerya Energy (ENERY), Dagi Clothing (DAGI), Escar Fleet (ESCAR), and Panelsan Roof (PNLSN).

Companies Performing Buybacks and Amounts

It appears that the companies engaging in buybacks during this period aim to support the healthy formation of market prices. Other prominent names in buybacks include Lokman Hekim Health (LKMNH), Gıpta Office (GIPTA), Akfen REIT (AKFGY), Net Holding (NTHOL), and Akfen Construction (AKFIS). Buybacks emerge as an important strategy for companies aimed at increasing the value of their current shares.

The Importance of Stock Buybacks

Stock buybacks are transactions carried out by companies to protect their share values and to create positive effects on earnings per share (EPS). Companies tend to implement this strategy considering market fluctuations and negative comments from shareholders. Additionally:

• Providing cash support
• Reducing excessive volatility in share prices
• Preventing ownership by competitors
• Evaluating idle cash on hand
• Reinforcing confidence in company shares

The Stock Buyback Process

Buyback transactions are carried out in accordance with the regulations set by the Capital Markets Board. These transactions must be conducted with shares that have the status of being traded on the stock exchange. Buyback transactions carried out by the board of directors over a specific period contribute to solidifying the strategic decisions of companies.

It should be noted that the information presented here does not constitute investment advice.