The Stocks with the Most Buybacks in the Last Week

Last Week's Most Significant Share Buybacks

In Borsa Istanbul, the companies that made noteworthy buybacks last week (December 8-12) stood out. During this period, Büyük Şefler (BIGCH), Bim Mağazalar (BIMAS), Global Yatırım Holding (GLYHO), Kalyon Güneş Teknolojileri (KLYPV), Net Holding (NTHOL), Enerya Enerji (ENERY), Dagi Giyim (DAGI), Blume Metal Kimya (BLUME), Escar Filo (ESCAR), and Lokman Hekim Sağlık (LKMNH) were the companies that conducted the most buybacks.

What is a Share Buyback?

A share buyback is a process where companies purchase their own shares from the market to aim to increase their value. Companies execute these transactions to protect against falling share prices. Factors affecting share buybacks include market fluctuations, negative investor sentiments, and excessive volatility in share prices. This situation can help companies achieve a more stable share value.

Purposes of Share Buyback

• Cash Support for Shares: Companies provide cash support to their shareholders if necessary.
• Reduce Volatility: Buybacks can be conducted to control excessive fluctuations in the share price.
• Share Control: Buybacks are carried out to maintain control over their shares.
• Cash Evaluation: A buyback is a way to evaluate idle cash in the company’s treasury.
• Renewing Confidence: These transactions aim to renew confidence in the shares.

Share Buyback Procedures

These transactions are carried out in accordance with the regulations set by the Capital Markets Board. In a share buyback, the shares being traded must meet certain criteria, and the process is conducted under the authority of the board of directors. Detailed information on how buybacks are conducted is also included in the regulations.

Conclusion

Buyback transactions help companies strengthen their image in the markets and protect their share values. This situation plays a significant role in increasing investor confidence in the shares.