Stocks with the Most Buybacks Last Week

Last Week's Shares with the Most Buybacks

In Borsa Istanbul last week (December 8-12), companies that performed buybacks stood out among the most notable stocks. 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 aim to increase their value by purchasing their own shares from the market. Companies conduct these transactions to maintain decreasing share values. Factors influencing share buybacks include market fluctuations, negative investor sentiments, and excessive volatility in share prices. This situation can help companies provide a more stable share value.

Purposes of Share Buybacks

• Cash Support to Shares: Companies provide cash support to their shareholders if necessary.
• Reducing Volatility: Buybacks may be conducted to control excessive fluctuations in share prices.
• Share Control: Buybacks are carried out to maintain control over their shares.
• Cash Evaluation: Buybacks are a way to utilize cash that remains idle in the company’s treasury.
• Reassuring Confidence: These transactions are conducted to renew confidence in shares.

Share Buyback Transactions

These transactions are conducted in accordance with the regulations set by the Capital Markets Board. In share buybacks, the traded shares must meet specific conditions, and the process is conducted under the authority of the board of directors. Detailed information on how buybacks are 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 a significant role in increasing investors' confidence in the stocks.