Mavi Giyim repurchases 250,000 shares of Mavi Giyim stock

Published on 10/14/2026 at 04:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mavi Giyim stock saw 250,000 B-group shares repurchased on October 13, 2026. Buybacks reached 17.405 million shares, or 2.19 percent.

Buyback and operating results

Mavi repurchased 250,000 B-group shares on October 13, 2026.
First-half revenue reached TRY 25,832 million, while gross margin rose to 53.10 percent.
Mavi Giyim is scheduled to report its next results on December 9, 2026.

Mavi Giyim, TREMAVI00037, Illustration mit AI erstellt.

Mavi Giyim repurchased 250,000 B-group shares on October 13, 2026, lifting the total bought under its program to 17.405 million shares, or 2.19 percent of capital. Borsatek reported that the transaction covered shares bought on Borsa Istanbul at an average price of TRY 37.4864. The buyback is the latest concrete action in a program approved on September 16, 2026, with a maximum value of TRY 1 billion.

Chronology of the buyback

On September 16, 2026, Mavi approved the TRY 1 billion buyback program, according to Borsatek. The company then bought 299,314 B-group shares on October 7, 2026, before adding 250,000 shares on October 13, 2026. The latest cumulative total of 17.405 million repurchased shares gives the program a measurable capital-allocation footprint.

On September 16, 2026, Mavi also published first-half results for the period from February 1 through July 31, 2026. Ekoturk reported consolidated revenue of TRY 25,832 million, down 1.10 percent year over year, and net income of TRY 807 million, down 40.00 percent.

What do the results mean for margins?

The first-half figures show pressure on sales alongside better gross profitability. Gross margin increased to 53.10 percent from 51.30 percent in the prior-year period, while first-half EBITDA reached TRY 4,679 million at an 18.10 percent margin, according to Ekoturk. Second-quarter revenue was TRY 12,553 million and second-quarter net income was TRY 239 million, with net income up 9.00 percent year over year. The contrast matters: pricing and sourcing supported margins, but the lower first-half revenue and net income keep the operating picture mixed.

Next reporting date

Mavi Giyim is scheduled to release its next earnings report on December 9, 2026, according to Investing.com. The date follows the September 16, 2026 release covering the period ended July 31, 2026.

Buyback meets a mixed earnings picture

Mavi Giyim operates in apparel retail and is listed on Borsa Istanbul under ticker MAVI. The current buyback adds a capital-return action to a first-half report that combined a 53.10 percent gross margin with a 40.00 percent decline in net income. For investors, the December reporting date will provide the next dated test of whether margin protection can offset weaker revenue.

Market context: Market report BIST 100.