Hektas stock: Hektas completes TRY 702 million placement. OYAK lifts voting rights to 50.95 percent

Published on 10/23/2026 at 05:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OYAK received 702.06 million shares at TRY 3.39 on October 14, 2026. For Hektas stock, voting rights reached 50.95 percent.

Ownership and operating figures

Hektas completed a TRY 2.38 billion capital placement on October 14, 2026.
Second-quarter 2026 revenue reached TRY 2.126 billion, while net loss was TRY 1.839 billion.
OYAK voting rights rose to 50.95 percent after the placement.

Hektas, TRAHEKTS91E4, Illustration mit AI erstellt.

Hektas completed a private placement that raised TRY 2.38 billion for Ordu Yardimlasma Kurumu, known as OYAK, on October 14, 2026. TipRanks reported that Hektas issued 702,064,896.755 shares at TRY 3.39 each, lifting OYAK's voting rights to 50.95 percent.

Capital structure shifts after placement

The transaction increases paid-in capital from TRY 8.43 billion to TRY 9.13 billion. Rota Borsa said the shares were allocated to OYAK through a wholesale transaction and tied the announcement to a Turkish public disclosure dated October 14, 2026.

For investors, the immediate issue is balance-sheet support rather than operating momentum. The placement proceeds are large beside Hektas's second-quarter 2026 revenue of TRY 2.126 billion, but the latest quarter also produced a net loss of TRY 1.839 billion.

Three dated steps in the story

On August 14, 2026, Hektas reported second-quarter revenue of TRY 2.13 billion and earnings per share of minus TRY 0.22, according to Investing.com. On October 9, 2026, Rota Borsa cited Deniz Yatirim's review, which put second-quarter earnings before interest, taxes, depreciation and amortization at TRY 95 million and net loss at TRY 1.839 billion. On October 14, 2026, the completed placement added TRY 702.1 million of nominal shares and brought the capital target to TRY 9.13 billion.

What does the placement change?

The ownership shift gives OYAK voting rights of 50.95 percent, above the 50 percent threshold cited in market coverage. Hektas reported product sales of 36.33 million kilograms in the first half of 2026, down from 47.60 million kilograms a year earlier, according to the October 9 review. That comparison leaves the financing measure carrying both a stronger shareholder base and a demanding operating backdrop.

Market value after the financing

Hektas had a market capitalization of TRY 15.4 billion as of October 22, 2026. The company operates in agricultural inputs and animal health and trades under ticker HEKTS on Borsa Istanbul.