New housing project from İhlas, merger decision from Derimod, buyback decision from HALKB and TCELL: Latest news from BIST companies.
Companies listed on Borsa Istanbul announced significant developments on March 25, 2025, through statements made to the Public Disclosure Platform (KAP). Notably, share buyback programs and merger decisions took center stage. While HALKB and TCELL initiated share buyback programs aimed at protecting investors, DERIM officially announced its merger process without liquidation. Meanwhile, İhlas Gayrimenkul took a step towards developing a new housing project in Istanbul's Firuzköy.
Halkbank announced a new buyback program aimed at stabilizing its share prices and protecting investor value. The program, which requires approval from the General Assembly, will allow for the buyback of shares worth 150 million TL nominal value. Similarly, Turkcell disclosed plans to seek approval for its new share buyback program at the upcoming General Assembly, emphasizing the protection of shareholder investments. Additionally, Derimod confirmed a merger without liquidation, while İhlas Gayrimenkul is set to develop a new project as part of its expansion strategy.