Akfen GYO and Akfen Renewable Energy will buy back shares.
Foreks - Akfen GYO (IS:AKFGY) and Akfen Renewable Energy (IS:AKFYE) have announced a share buyback program. In a statement made by Akfen GYO to the Public Disclosure Platform (KAP), it was noted that during the Board of Directors meeting on March 25, 2025, the company decided to initiate a share buyback to protect investors' rights and interests and to contribute to healthy price formation in the market.
The buyback program will be valid for a maximum of one year, with a limit of 85,000,000 shares and a maximum fund allocation of 200,000,000 TL. Additionally, shares repurchased under this program will not be sold for six months from the date of acquisition. Similar resolutions were also made by Akfen Renewable Energy, confirming their commitment to investor protection and market stability.