Mavi Giyim stock buyback reaches 2.52% of share capital

Mavi Giyim stock is in focus after the Turkish apparel group bought back B-group shares on Borsa Istanbul on October 26, 2026. The transaction lifted cumulative repurchases to 20,054,715 shares, equal to about 2.52 percent of share capital, according to The Globe and Mail, which carried syndicated TipRanks content.

Buyback expands capital management

The repurchase was completed at prices between TRY 34.02 and TRY 34.58 per share, with an average of TRY 34.27. Mavi Giyim's program, approved by the board in September, targets the repurchase and cancellation of up to TRY 39.7 million nominal shares and has a maximum outlay of TRY 1 billion.

The program is designed to support share-price stability and long-term shareholder value. The latest transaction therefore keeps capital allocation in focus alongside the company's operating performance, without changing the need to monitor sales, margins and consumer demand.

Denim remains the core business

Mavi Giyim is a Turkish apparel company focused on denim collections and casual clothing for women and men. Its business combines retail and wholesale distribution, while the company's website highlights jeans, shirts, sweaters, jackets and accessories as well as new store openings. This positions Mavi as a specialized denim-led fashion retailer with both domestic and international exposure.

Market context for investors

Broader Turkish market developments are covered in current BIST 100 market reports.

More updates on the company are available in more news and analyses on Mavi Giyim stock.