Hektas stock: OYAK lifts voting rights to 50.95%

Published on 11/09/2026 at 02:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hektas stock is tied to OYAK's completed private placement in October. The deal increased the company's capital and tightened shareholder control.

Capital structure and control shift

OYAK completed a private placement that increased its voting rights in Hekta?.
The transaction raised Hekta?'s capital and leaves OYAK with majority voting control.
TipRanks reported that the transaction did not trigger a mandatory tender offer.

Hektas, TRAHEKTS91E4, Illustration mit AI erstellt.

OYAK completed its private placement in Hekta? on October 14, strengthening its control of the Turkish agricultural-inputs company. TipRanks reported that the transaction lifted OYAK's voting rights from 46.87 percent to 50.95 percent and increased Hekta?'s share capital from TRY 8.43 billion to roughly TRY 9.13 billion.

OYAK secures majority control

The placement gave OYAK majority voting control after new shares were issued directly to the shareholder. TipRanks said OYAK reviewed the takeover rules and concluded that the move did not create a mandatory tender offer obligation, limiting the immediate effect on minority shareholders.

The transaction follows a period in which Hekta? has been using capital measures to address its balance-sheet needs. The October placement is therefore relevant not only for ownership structure but also for the company's financing position and the scope for OYAK to support future capital decisions.

Business remains agriculture focused

Hekta? manufactures, imports and markets agricultural products, fertilizers and veterinary medicines in Türkiye, including crop-protection products, plant nutrition, seeds and animal-health products, according to Investing.com. The company is headquartered in Gebze and trades on Borsa Istanbul under the ticker HEKTS. Hekta? is a specialized agricultural-inputs business, while listed peers such as Sasa, Marshall Boya and Dyo Boya operate across broader chemicals and materials markets.