Following the decision of the Capital Markets Board (CMB) regarding share purchases, companies have taken action. Turkish Airlines (THY) conducted a buyback after five months. Halkbank, on the other hand, repurchased its shares for the first time in two years.

The Capital Markets Board (CMB) made a new decision after the recent fluctuations in the markets. The decision stated that companies could initiate a share buyback program with the approval of their board of directors and provide certain flexibilities to existing buyback programs. Following this decision, companies have started buybacks.

Turkish Airlines conducted a share buyback approximately five months later. In the statement made to the Public Disclosure Platform (KAP) by the company, it was mentioned that transactions with a total nominal amount of 166,000 TL were carried out in the range of 298.25-299 lira. Halkbank also announced its buyback after two years. The company disclosed that transactions with a nominal amount of 2 million lira were conducted in the range of 21.16-21.24 lira. Analysts have indicated that they expect companies to continue with their share buybacks. The CMB stated that the decision would be valid until a second announcement. The BIST 100 index closed at 9,860 points yesterday, with a decrease of 8.72% on the Istanbul Stock Exchange.