CVK Maden launches buyback. Cvk Maden Isletmeleri Sanayi ve stock sits at TRY 52.5 billion
Published on 10/14/2026 at 04:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBuyback and latest operating figures
- CVK Maden announced a TRY 1.4 billion buyback for 100 million shares on October 8, 2026.
- Sales reached TRY 1.9 billion in the period ending June 2026 versus TRY 1.1 billion a year earlier.
- Market capitalization stood at TRY 52.5 billion on October 9, 2026.
Cvk Maden Isletmeleri Sanayi ve announced a TRY 1.4 billion share buyback covering 100 million shares on October 8, 2026. The program gives the Turkish mining group a fresh capital-markets focus while its latest reported figures show stronger operating activity.
Buyback sets the near-term frame
According to Yatirimci.AI on October 8, 2026, CVK Madencilik launched a buyback program with TRY 1.4 billion of funding and a planned 100 million shares. The size of the program is the clearest company-specific market event in the recent disclosure flow.
June figures show stronger activity
The latest reported period ending June 2026 brought quarterly sales of TRY 1.9 billion, compared with TRY 1.1 billion in the period ending June 2025. Yatirimci.AI also lists quarterly net profit of TRY 635.5 million versus TRY 356.8 million and quarterly EBITDA of TRY 807.4 million versus TRY 313.2 million across the same periods.
The comparison matters because the latest quarterly sales were 72.73 percent above the year-earlier figure, while net profit was 78.11 percent higher. The figures are reported in Turkish lira and reflect the period labeled 2026/6 in the financial table.
What does the buyback mean?
CVK Madencilik describes its business as the production and export of chrome, lead, zinc, copper, silver and magnesite products, with gold-ore research also underway, according to the company's CVK Madencilik investor-relations page. That mix leaves the share story tied to both production execution and the use of capital for shareholder-focused measures.
Last Borsa Istanbul quote
The last quoted price at Borsa Istanbul was TRY 13.90 on October 9, 2026 at 6:19 p.m. TRT, while the market capitalization stood at TRY 52.5 billion on the same dated market snapshot.
Market context: Market report BIST 100.
Cvk Maden key facts
- Company: Cvk Maden Isletmeleri Sanayi ve Ticaret AS
- ISIN: TRECVKM00021
- Ticker: CVKMD.E.IS
- Primary exchange: Borsa Istanbul
- Market capitalization: TRY 52.5 billion (as of October 9, 2026)
- Sector / Industry: Materials / Non-Metallic Mineral Products
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