Stock Market
Metgün Energy IPO: Trading to Begin on Yıldız Exchange at 20 TL on July 28
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Borsa Istanbul has announced the completion of the public offering process for Metgün Enerji Yatırımları A.Ş. (METEN) shares. The company's 135.579.000 TL nominal value shares will begin trading on the Yıldız Exchange starting July 28, 2026, at a base price of 20 TL. This follows the allocation of 635.000.000 TL nominal value shares under the Kotasyon Yönergesi. METEN will trade under the METEN.E code with continuous trading, and the maximum order value is set at 1 million TL. This IPO marks a significant entry for the company into the public market. How will the markets react to this announcement? Analysts are evaluating the company's dividend yield and buyback programs for long-term investment potential.