tiprankstipranks

Turkcell Completes Significant Share Buy-back to Strengthen Market Position

Story Highlights
  • Turkcell completed a share buy-back on March 21, 2025, acquiring 568,296 shares.
  • The buy-back program increased Turkcell’s capital share to 0.98%, enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Turkcell Completes Significant Share Buy-back to Strengthen Market Position

The latest update is out from Turkcell Iletisim ( (TKC) ).

On March 21, 2025, Turkcell announced the completion of a share buy-back transaction, acquiring 568,296 shares at an average price of TRY 87.99, totaling TRY 50,005,210. Since the initiation of the buy-back program on August 24, 2016, Turkcell has repurchased a total of 21,463,501 shares, amounting to TRY 563,834,214, increasing its share in the company’s capital to 0.98%. This strategic move reflects Turkcell’s ongoing commitment to enhancing shareholder value and maintaining a strong position in the telecommunications market.

More about Turkcell Iletisim

Turkcell Iletisim Hizmetleri A.S. is a leading telecommunications company based in Istanbul, Türkiye. The company primarily offers mobile communication and technology services, focusing on providing innovative solutions in the telecommunications industry.

YTD Price Performance: -2.69%

Average Trading Volume: 474,463

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.29B

See more data about TKC stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App