Stocks with the Most Buybacks in the Last Week

Last Week's Most Share Buyback Companies

In Borsa Istanbul, among the most striking stocks in the past week (December 8-12), companies that performed buybacks stood out. During this period, Big Chefs (BIGCH), Bim Stores (BIMAS), Global Investment Holding (GLYHO), Kalyon Solar Technologies (KLYPV), Net Holding (NTHOL), Enerya Energy (ENERY), Dagi Clothing (DAGI), Blume Metal Chemistry (BLUME), Escar Fleet (ESCAR), and Lokman Hekim Health (LKMNH) were the companies with the most buybacks.

What is a Share Buyback?

A share buyback is a process in which companies aim to increase their value by purchasing their own shares from the market. Companies carry out these transactions to maintain falling share values. Some factors affecting share buybacks include market fluctuations, negative investor perceptions, and excessive volatility of share prices. This situation can help companies provide a more stable share value.

Objectives of Share Buybacks

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

Share Buyback Transactions

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 conditions, and the process is conducted within the authority of the board of directors. Detailed information on how the buyback will be carried out 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 an important role in increasing investors' confidence in the stocks.