Investing.com — Mavi Giyim Sanayi Ve Ticaret A.Ş., on the 21st of April, 2026, executed a share buyback procedure. The company disclosed this information in a press release.
The buyback program was authorized by the Board of Directors on the 10th of June, 2025. The objective of the program was stated to be safeguarding treasury shares and supporting stable pricing for the shares. The initial approval allowed for the acquisition of shares with a nominal value of 79.451.200 TL. The maximum payment amount was set at 1.000.000.000 TL.
Today, Mavi conducted a buyback of B Group shares (TREMAVI00037) on the Istanbul Stock Exchange. The total nominal value of the transaction amounted to 300.000 TL. The shares were purchased at a price ranging between 43,86 TL and 44,06 TL.
Following this transaction, the total nominal value of the repurchased B Group shares reached 13.000.000 TL. This figure represents approximately 1.64% of the company’s capital.
Background
Mavi Giyim Sanayi Ve Ticaret A.Ş. is a publicly-traded company based in Turkey, with the ticker symbol MAVI on the Istanbul Stock Exchange. The company specializes in the textile and clothing industry.
Share Buyback Program
The share buyback program was initiated to protect the company’s treasury shares and maintain a stable share price. The program was authorized by the Board of Directors in June 2025 and allowed for the acquisition of shares with a nominal value of 79.451.200 TL. The maximum payment amount was set at 1.000.000.000 TL.
Recent Transaction
On April 21, 2026, Mavi executed a buyback of B Group shares (TREMAVI00037) on the Istanbul Stock Exchange. The total nominal value of the transaction was 300.000 TL. The shares were purchased at an average price of 43,9218 TL, within the price range of 43,86 TL to 44,06 TL.
Impact on the Company
Following this transaction, the total nominal value of the repurchased B Group shares reached 13.000.000 TL. This represents approximately 1.64% of the company’s capital.
This article was generated with the assistance of an AI, reviewed and edited by a human editor.
