Cvk Maden Isletmeleri Sanayi ve, TRECVKM00021

Cvk Maden expands buyback of Cvk Maden stock to 0.33 percent

Published on 10/19/2026 at 01:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 16 transaction lifted repurchases to TRY 12.62 million nominal value. Cvk Maden stock is tied to a TRY 1.4 billion program.

Capital allocation and expansion

October 16, 2026 buybacks reached TRY 12.62 million in nominal value.
The planned Hayri Ogelman offering covers TRY 375.00 million in nominal shares from October 12, 2026.
Sales reached TRY 1.90 billion in the period ended June 2026.

Cvk Maden Isletmeleri Sanayi ve, TRECVKM00021, Illustration mit AI erstellt.

Cvk Maden Isletmeleri Sanayi ve (ISIN TRECVKM00021) bought shares with a nominal value of TRY 8.63 million on October 16, 2026, as The Globe and Mail reported. The transaction raised total repurchases to TRY 12.62 million in nominal value, equal to 0.33 percent of share capital.

Buyback reaches 0.33 percent

The board authorized a one-month buyback program on October 8, 2026, with a ceiling of TRY 100.00 million in nominal shares and a fund allocation of TRY 1.40 billion. The program covers B Group shares traded under CVKMD on Borsa Istanbul, giving the capital allocation plan a clearly defined scale.

What does the IPO plan add?

CVK Maden's subsidiary Hayri Ogelman Madencilik plans to raise issued capital from TRY 1.00 billion to TRY 1.25 billion. According to CNBCE on October 12, 2026, the offering would comprise TRY 250.00 million of new shares and TRY 125.00 million of shares sold by existing holders, for a total of TRY 375.00 million in nominal value. The intermediary agreement with Vakif Yatirim was signed on October 9, 2026.

Three dates define the sequence

On October 8, 2026, the company approved the TRY 1.40 billion buyback fund; on October 12, 2026, it disclosed the TRY 375.00 million subsidiary offering; on October 16, 2026, it reported TRY 8.63 million of additional nominal repurchases. The sequence links near-term capital management with a separate funding and listing process.

October dates frame the plan

The buyback authorization is dated October 8, 2026, and its stated duration is one month. The subsidiary board decision is dated October 9, 2026, while the offering disclosure followed on October 12, 2026.

Financial base remains substantial

For the period ended June 2026, CVK Maden reported sales of TRY 1.90 billion, EBITDA of TRY 807.40 million and net profit of TRY 635.50 million, according to Yatirimci AI. The same source put market capitalization at TRY 52.5 billion as of October 9, 2026. That financial base gives the buyback and subsidiary offering a measurable operating context.