Tukas Gida stock: Tukas expands buyback to 220 million shares

Published on 10/22/2026 at 07:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The program allows 500 million shares and TRY 1.0 billion in funding. Tukas Gida stock buybacks reached 220 million shares on October 21, 2026.

Buyback scale and earnings

Tukas Gida bought 2,000,000 shares on October 21, 2026, taking its holding to 220,000,000 shares.
Second-quarter 2026 sales reached TRY 2.9 billion, while net profit was negative TRY 597.3 million.
Market capitalization stood at TRY 8.8 billion on October 21, 2026.

Tukas Gida, TRATUKAS91A3, Illustration mit AI erstellt.

Tukas Gida (ISIN TRATUKAS91A3) bought 2,000,000 of its own shares on October 21, 2026, bringing its accumulated buyback holding to 220,000,000 shares, according to Borsatek. The transaction keeps the repurchase program as the clearest current corporate action for the Turkish packaged-food producer.

Three buyback steps define the program

The chronology shows a rapid build-up. On September 21, 2026, the board launched a program covering up to 500,000,000 nominal shares and TRY 1.0 billion in funding, according to Borsatek. On October 7, the company added 8,000,000 shares, taking the accumulated holding to 170,000,000 shares. The October 21 purchase then lifted the holding to 220,000,000 shares.

What does the buyback change?

The latest transaction represents 0.04444 percent of share capital, while the full program limit equals 11.11111 percent, based on the buyback notice reported by Borsatek. The gap between 220,000,000 shares already held and the 500,000,000-share ceiling leaves 280,000,000 shares within the announced maximum. The program runs from September 21, 2026, through September 21, 2027.

How are earnings holding up?

The latest reported period adds a counterweight to the capital-return story. In the second quarter of 2026, sales were TRY 2.9 billion, compared with TRY 2.6 billion in the first quarter, while net profit was negative TRY 597.3 million after positive net profit of TRY 132.9 million in the first quarter, according to Yatirimci.AI. The figures make operating profitability and cash use important context for the ongoing repurchases.

Food portfolio supports the business

Tukas Gida sells tomato and pepper pastes, sauces, canned products, pickles, jams, olives and ready-to-serve foods in Turkey and international markets. The company was founded in 1962 and operates in the packaged-foods industry.