Six Companies Repurchase 3.78 Million Lots on BIST

On Wednesday, August 12, 2026, a wave of share buy‑backs on Borsa Istanbul reshaped liquidity flows and corporate capital strategies.

TRALT Sets Buy‑Back Record with 2,503,159 Lots

Turkish Gold Operations (TRALT) purchased 2,503,159 lots, marking the market’s largest single‑day repurchase and adding roughly 2.5% to its capital base.

ARSAN and ENERY Follow Suit

■ARSAN bought 700,000 lots to bolster its holdings.

■ENERY repurchased 300,000 lots, bringing its total buy‑back volume to 364,641,418 shares, or 4.0516% of its issued capital.

AHGAZ Price Range and Weighted Average

■Repurchased shares: 30,560 units

■Price band: ₺32.00–₺32.10

■Weighted average price: ₺32.071

■Capital ratio after buy‑back: 2.8442%

Market Implications of the Aggregate Buy‑Back

■Total lots repurchased market‑wide: 3,784,719

■Number of companies involved: 6

■Average lot size per company: ≈ 630,786

■The buy‑backs dampened short‑term volatility in the BIST 100 index while enhancing each firm’s equity cushion.

Kerem Tufan – Director of Commercial Loans and Central Bank Policies: Share repurchase programmes are an extension of firms’ low‑interest‑rate capital‑optimization playbooks. TRALT, ARSAN, and ENERY are using the moves to support stock prices and reinforce investor confidence. Yet, the durability of such actions hinges on cash flow health and credit conditions; should the Central Bank maintain a tightening stance, the frequency and scale of future buy‑backs may be curtailed.