Mavi Giyim stock adds a TRY 299,314 share buyback

Published on 10/08/2026 at 05:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mavi Giyim stock added a TRY 299,314 buyback on October 7, 2026. Six-month sales reached TRY 25,831.68 billion, while net income was TRY 980.26 million.

Mavi Giyim, TREMAVI00037, Illustration mit AI erstellt.

Mavi Giyim stock (ISIN TREMAVI00037) added a fresh TRY 299,314 share buyback on October 7, 2026, while the stock was last at TRY 37.10 on Borsa Istanbul. The repurchase gives investors a direct capital-allocation signal as the apparel retailer balances weaker earnings with continued share support.

Buyback reaches 16.9 million shares

As Hibya reported on October 7, 2026, Mavi Giyim repurchased 299,314 Turkish lira of nominal B-group shares at an average price of TRY 37.0266. The cumulative buyback reached 16,905,628 shares, making the latest transaction part of a sizeable ongoing program rather than an isolated purchase.

The latest transaction was executed between TRY 36.98 and TRY 37.06 per share. That band sat close to the October 7 market price, which means the company was buying near the prevailing quotation instead of relying on a deeply discounted level.

Six-month profit fell 33.0 percent

For the six months ended July 31, 2026, Mavi Giyim generated sales of TRY 25,831.68 million, compared with TRY 26,128.24 million a year earlier. MarketScreener reported that net income declined to TRY 980.26 million from TRY 1,463.32 million, a 33.0 percent decrease.

The second-quarter comparison was also weaker. Sales were TRY 12,553.05 million versus TRY 12,599.01 million a year earlier, while net income fell to TRY 263.01 million from TRY 304.44 million, according to MarketScreener. The earnings trend therefore remains the key counterweight to the buyback story.

Targets remain above the market price

Analyst expectations point to a wide gap between the quotation and estimated value. Simply Wall St lists eight analysts with an average 12-month target of TRY 63.13, a high of TRY 67.09 and a low of TRY 60.00. The average target lies 70.2 percent above the TRY 37.10 market price, so the consensus assumes a meaningful recovery despite the six-month profit decline.

Stock remains below yearly high

Mavi Giyim was last at TRY 37.10 on Borsa Istanbul on October 7, 2026, up TRY 0.02 or 0.05 percent from the prior session. The 52-week range was TRY 33.30 to TRY 50.75, while market capitalization stood at TRY 29.1 billion and volume reached 7,179,551 shares.