Mavi Giyim stock: Mavi Giyim expands buyback. Mavi Giyim stock is valued at TRY 27.0 billion

Published on 10/23/2026 at 00:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mavi Giyim's buyback reached 19.01 million shares, or 2.39 percent, on October 21, 2026. Mavi Giyim stock is valued at TRY 27.0 billion.

Buyback and operating figures

Mavi Giyim's repurchased shares reached 19.01 million on October 21, 2026.
Second-quarter 2026 revenue was TRY 12.55 billion.
Mavi Giyim had a TRY 27.0 billion market capitalization as of October 22, 2026.

Mavi Giyim, TREMAVI00037, Illustration mit AI erstellt.

Mavi Giyim expanded its share buyback to 19.01 million B-group shares, equal to 2.39 percent of capital, on October 21, 2026. The Globe and Mail reported that the latest transaction involved TRY 350,000 nominal value of shares bought at an average of TRY 35.22. The buyback is now the central company-specific signal for Mavi Giyim stock.

Buyback reaches 2.39 percent

The program was authorized by the board on September 16, 2026, with a maximum budget of TRY 1 billion and a plan to repurchase up to TRY 39.7 million nominal value of shares, according to TipRanks. The stated purpose is to support price stability and strengthen long-term shareholder value, while the eventual cancellation of repurchased shares could reduce the number of shares in circulation.

Three buyback milestones

Mavi Giyim's buyback chronology is clear: the board approved a TRY 1 billion program on September 16, 2026; purchases reached 18.31 million shares, or 2.30 percent of capital, on October 16, 2026; and the total rose to 19.01 million shares, or 2.39 percent, on October 21, 2026, according to TipRanks and The Globe and Mail.

What does the operating picture show?

The latest reported quarter ended July 31, 2026. Revenue was TRY 12.55 billion and net income was TRY 263.01 million, compared with TRY 12.92 billion revenue and TRY 490.13 million net income in the previous quarter, according to Investing.com. The sequential comparison puts the capital-return program alongside softer quarterly profitability.

Next reporting date is December 9

The next reporting date is December 9, 2026, according to Investing.com. That date gives investors the next scheduled checkpoint for judging whether the buyback is being matched by improving operating results.

Market value and trading venue

Mavi Giyim is listed on Borsa Istanbul under ticker MAVI and belongs to the specialized retail industry, as identified by Investing.com. Its market capitalization was TRY 27.0 billion as of October 22, 2026, while the reported 52-week range was TRY 33.30 to TRY 50.75 as of October 21, 2026.