Akfen GYO stock draws support from 6.25 million buybacks

Published on 09/28/2026 at 10:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Akfen GYO stock is backed by 6.25 million repurchased shares as of September 24, 2026. First-half EBITDA reached TRY 768 million, up 14 percent.

Akfen GYO, TRAAKFGY91Q2, Illustration mit AI erstellt.

Akfen GYO stock is drawing attention after the company had repurchased 6.25 million shares by September 24, 2026, equal to 0.1603 percent of its share capital. The latest transaction adds a measurable capital-allocation signal to a business that reported TRY 768 million in first-half 2026 EBITDA.

Buyback reaches 6.25 million shares

According to Hibya on September 24, 2026, Akfen GYO bought 2.65 million shares in the latest reported transaction. Cumulative repurchases reached 6.25 million shares, lifting the program total to 0.1603 percent of capital.

The program began on September 17, 2026, and is scheduled to run through December 31, 2026. The Globe and Mail reported that the company allocated TRY 200 million to the program, with a maximum nominal amount of TRY 60 million in B Group shares.

EBITDA rises while debt declines

Turkchem reported on August 11, 2026, that Akfen GYO's EBITDA reached TRY 768 million in the first half of 2026, an increase of 14 percent. The same report said net debt declined by 2 percent during the period.

That combination gives the buyback a clearer financial context. The repurchases are taking place alongside higher operating earnings and lower net debt, while the balance-sheet improvement remains smaller than the EBITDA increase and does not remove the company's exposure to real-estate valuation and financing conditions.

Market capitalization at TRY 11.1 billion

Akfen GYO's market capitalization stood at TRY 11.1 billion on September 14, 2026, according to Simply Wall St. The same profile identified Akfen GYO as a real-estate investment company and cited TRY 1.73 billion in revenue from its real-estate investments.

The numbers frame the stock around two competing signals: operating momentum from first-half EBITDA growth and a still active capital-management program. For investors, the next material checkpoint is whether further repurchases continue at the same pace through December 31, 2026.

Buyback program remains the key market marker

Akfen GYO's market capitalization was TRY 11.1 billion as of September 14, 2026, while the buyback had reached 6.25 million shares by September 24, 2026. The program's scale and the first-half operating figures provide the clearest dated reference points for Akfen GYO stock.