Sekerbank stock: Rights issue opens for Sekerbank stock
Published on 10/24/2026 at 04:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital plan and trading context
- The bank set a TRY 1.00 subscription price on October 21, 2026.
- Paid-in capital was TRY 2.50 billion before the planned increase.
- Rights exercise runs through November 5, 2026.
Sekerbank (ISIN TRASKBNK91N8) began a 40 percent cash capital increase on October 22, 2026, giving existing shareholders rights to subscribe for new shares at TRY 1.00. Yeni Safak reported the timetable on October 21, 2026, citing the bank's public disclosure.
Three dates frame the issue
Sekerbank's board decision on May 7, 2026, preceded the bank's June 3 application to Turkey's Capital Markets Board. The regulator approved the prospectus on October 16, 2026, and the bank set the subscription period for October 22 through November 5, 2026. The planned increase would lift issued capital from TRY 2.50 billion to TRY 3.50 billion, an additional TRY 1.00 billion.
What does the 40 percent issue change?
The central investor issue is dilution and funding. Existing holders receive a 40 percent preemptive right, while the TRY 1.00 subscription price is below the last available Borsa Istanbul quote of TRY 3.12 on October 23, 2026. The bank's investor-relations page says its shares are traded on Borsa Istanbul and lists paid-in capital at TRY 2.50 billion. Sekerbank also identifies small-company financing as a core strategic priority.
Dates for the subscription process
The rights exercise ends on November 5, 2026. The payment date is October 26, 2026, while the record date was October 23, 2026. Unused rights may be sold during the subscription period, and any remaining shares can be offered in the Borsa Istanbul primary market under the disclosure terms.
Trading context for Sekerbank
The last available quote was TRY 3.12 on Borsa Istanbul on October 23, 2026 at 6:09 p.m. TRT, with the market closed. The quoted 52-week range was TRY 2.97 to TRY 20.00, while market capitalization stood at TRY 7.8 billion on the same date.
Market context: Latest market reports.
