Mavi Giyim stock buyback reaches 2.62% of share capital
Published on 10/30/2026 at 01:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSShare buyback advances capital management
- The latest transaction involved B-group shares traded on Borsa Istanbul.
- The company says the program is intended to support price formation, stability and long-term shareholder value.
Mavi Giyim continued its share repurchase program on October 28, 2026, according to TipRanks. The company bought back B-group shares with a nominal value of TRY 400,000 on Borsa Istanbul at prices between TRY 33.36 and TRY 33.88, with an average price of TRY 33.55.
Buyback reaches a larger capital share
Following the transaction, Mavi Giyim had repurchased 20,854,715 B-group shares, equivalent to about 2.62 percent of its share capital. The update follows a board decision dated September 16, 2026, which authorized a program with a maximum allocation of TRY 1 billion and planned repurchases of up to TRY 39.7 million in nominal value.
The stated objectives are to protect stakeholder interests, support sound price formation and share-price stability, and enhance long-term shareholder value through the eventual cancellation of repurchased shares. These are company-program objectives and do not by themselves establish a future share-price outcome.
Mavi Giyim company facts
- Company: Mavi Giyim Sanayi ve Ticaret A.S.
- ISIN: TREMAVI00037
- Ticker: TR:MAVI
- Home exchange: Borsa Istanbul
- Latest repurchase: October 28, 2026
- Repurchase price range: TRY 33.36 to TRY 33.88
- Average repurchase price: TRY 33.55
- Total shares repurchased: 20,854,715 B-group shares
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