Title: Precaution on RODRG Shares, Companies' Buyback Decisions, PATEK-GSRAY Agreement: Latest News from BIST Companies
You can find our updated summary of company news based on the announcements made by the companies listed on Borsa Istanbul in the continuation of our content.
RODRG shares face trading restrictions for margin trading In accordance with the Volatility-Based Measures System (VBTS) implemented by the Capital Markets Board (CMB), margin trading for RODRG shares has been restricted starting from transactions dated November 6, 2024, until the end of transactions dated December 5, 2024.
Acıselsan Acıpayam Selüloz share buyback program has ended Acıselsan Acıpayam Selüloz (ACSEL) has completed its share buyback program in accordance with the principle decision set by CMB. A total of 368,284 ACSEL shares were purchased during the buybacks conducted between February 17 and May 15, and these shares were subject to sale as of June 22, meaning there are no remaining repurchased shares in the company’s capital. The buyback program ended automatically after the Annual General Meeting of 2023 was held.
ATP Yazılım will submit share buyback program for General Assembly approval ATP Yazılım (ATATP) prepared a "Share Buyback Program" in compliance with the CMB's Share Buyback Regulation during the Board of Directors meeting held on November 5, 2024. This program will be presented for approval by shareholders at the Ordinary General Assembly meeting. The Board of Directors announced that the proposal was accepted unanimously.
New partnership between Pasifik Teknoloji and Titra Teknoloji in Azerbaijan Titra Teknoloji, a subsidiary of Pasifik Teknoloji (PATEK), has formed a joint company with NB Holdinq in Azerbaijan, stepping into collaboration in the defense industry. This new company, named NPT DEFENCE SYSTEMS, aims to produce unmanned aerial vehicles and is jointly owned 50% by Titra and NB Holdinq. Titra Teknoloji aims to provide innovative solutions for both Turkey's and friendly countries' defense industries.
New sponsorship agreement between Galatasaray and Pasifik Holding A new sponsorship agreement has been signed between the Galatasaray (GSRAY) Football A Team and Pasifik Gayrimenkul Yatırım İnşaat A.Ş. for the 2024-2025 season. Under this sponsorship, the Pasifik Holding brand will appear on the back of the team's jersey. The total value of the agreement has been set at 125,000,000 TL + VAT.
Rubenis Tekstil's domestic sales contracts Rubenis Tekstil (RUBNS) has signed prepaid sales contracts worth a total of 100,000,000 TL (including VAT) with five different companies within the country between September 1 and October 31, 2024. Shipments are ongoing under these sales agreements, and the company is demonstrating a strong sales performance in the domestic market.