Kervan Gida stock fell 3.26 percent while buybacks reached 1.87 percent
Published on 10/08/2026 at 02:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKervan Gida stock (ISIN TREKRVG00013) was last at TRY 2.06 on Borsa Istanbul on October 7, 2026, down 3.26 percent from the previous close of TRY 1.99. The immediate company focus is capital allocation, with the latest repurchase taking total buybacks to 1.87 percent of share capital.
Buybacks reach 40.3 million shares
According to The Globe and Mail on October 7, 2026, Kervan Gida repurchased 650,000 B-group shares on October 6 at an average TRY 2.1308. The transaction lifted cumulative buybacks under the program to 40,315,400 shares, equal to 1.87 percent of the company.
The authorized program covers up to TRY 15 million in nominal shares over three years and has a TRY 50 million funding allocation, according to the same company update published by The Globe and Mail.
Dividend adds a second cash signal
Hibya reported on October 6, 2026 that the company bought 650,000 shares at an average TRY 2.1308, confirming the latest step in the repurchase plan. The buyback price was 3.44 percent above the October 7 reference close, a comparison that places the transaction near the market level of the preceding session.
A separate distribution decision sets a gross dividend of TRY 32,592,636.84, or TRY 0.0128 per B-group share, with payment scheduled for October 8, 2026, according to Haberturk. The dividend is funded from prior-year profits, making the payment a distribution decision rather than a new operating-period result.
Stock stays below the yearly high
Kervan Gida's October 7 trading range was TRY 2.05 to TRY 2.15, with volume of 5,068,226 shares. The 52-week range was TRY 1.97 to TRY 3.57, leaving the last price 42.30 percent below the yearly high.
The company operates in confectionery manufacturing, including soft candy, gum, hard candy, chocolate and novelty products. Its capital actions give the stock a clear near-term corporate frame, while the trading data show that the share remains closer to its yearly low than its yearly high.
Market value reflects the October 7 close
Kervan Gida had a market capitalization of TRY 4.64 billion as of October 7, 2026. The combination of a 3.26 percent daily decline, a 1.87 percent buyback stake and the TRY 0.0128 dividend defines the stock's current investor narrative without constituting an investment recommendation.
Key facts on Kervan Gida stock
- Company: Kervan Gida Sanayi ve Ticaret AS
- ISIN: TREKRVG00013
- Ticker: KRVGD
- Trading venue: Borsa Istanbul
- Price (as of October 7, 2026): TRY 2.06
- Market capitalization: TRY 4.64 billion (as of October 7, 2026)
- 52-week range: TRY 1.97-3.57 (as of October 7, 2026)
- Sector / Industry: Consumer staples / confectionery manufacturing
