Weekly Share Buyback Data in Borsa Istanbul: Turkish Airlines Leads

Weekly Buyback Data and Leading Companies Companies listed on Borsa Istanbul continued their share buyback operations between February 16 and February 20 to support healthy price formation and reinforce investor confidence.
During this period, Turkish Airlines (THYAO) topped the list with a transaction volume of 100.52 million TL.
Other companies that performed the highest value buybacks on a weekly basis are listed as follows: Escar Filo (ESCAR): 74.03 million TL Enerya Enerji (ENERY): 41.75 million TL Ahlatcı Doğalgaz (AHGAZ): 27.57 million TL Metro Petrol ve Tesisleri (MEPET): 8.78 million TL Ofis Yem Gıda (OFSYM): 3.50 million TL Lokman Hekim Sağlık (LKMNH): 1.44 million TL Why Are Share Buybacks Conducted?
A share buyback is the process where companies purchase their own shares traded in the market, thereby reducing the number of shares in circulation.
This strategy is preferred to prevent excessive fluctuations in share prices, strengthen equity, and increase earnings per share (EPS).
The reduction in the number of shares in circulation allows the total profit to be divided among fewer shares, potentially making the share value more attractive for investors.
Investor Confidence and Legal Framework The primary reasons for companies to initiate buyback programs include ensuring price stability, preventing share control from falling into the hands of rival institutions, and efficiently utilizing the company's idle cash assets.
These transactions also positively influence investor perception by sending a message that "the company trusts its own value." Conducted within the framework of regulations set by the Capital Markets Board (SPK), these transactions are carried out by boards of directors authorized for a specific period.
It is a legal requirement that the shares subject to buyback must be eligible for trading on the stock exchange.