Kardemir stock: Buyback program adds fresh support for D shares

Published on 10/30/2026 at 02:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kardemir stock is in focus after a fresh D-share buyback on October 26. The program also covers A shares under a TRY 750 million funding limit.

Buyback program remains active

Kardemir's board-approved program allows up to TRY 750 million in purchases.
The mandate covers both A and D share groups.

Kardemir (D), TRAKRDMR91G7, Illustration mit AI erstellt.

Kardemir continued its share repurchase program with purchases of D-group shares on October 26, 2026, according to TipRanks. The company bought back D shares with a total nominal value of TRY 200,000 at a weighted average price of TRY 37.17.

Program covers two share groups

The repurchases are part of a program approved by Kardemir's board on September 25, 2026. The mandate covers both A-group and D-group shares and provides for up to TRY 750 million in purchases, subject to a maximum nominal acquisition amount of TRY 11.4 million.

The same October 26 transaction included A-group shares with a nominal value of TRY 100,000 at a weighted average price of TRY 33.59. The program is scheduled to run for four months and is intended to support capital-structure management and share-price stability, as reported by TipRanks.

Investor context

For investors, the latest transaction confirms that Kardemir is continuing to deploy the authorized buyback framework. The purchase itself does not establish a forecast for operating results or future share performance, but completed repurchases can reduce the number of shares available in the market if the acquired shares are retained.