Cvk Maden stock: Company completes TRY 240 million buyback
Published on 11/16/2026 at 00:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBuyback program reaches completion
- CVK Maden completed its one-month share repurchase program on November 7, 2026.
- The purchases were funded from internal resources and covered 0.518 percent of the company's capital.
CVK Maden completed its one-month share buyback program on November 7, 2026, according to a TipRanks company-announcement report. The program began on October 8 and ended after the scheduled one-month period.
Repurchases close after one month
The company repurchased 19,577,757 nominal shares, equal to 0.518 percent of capital. The purchases cost TRY 239,961,950 and were funded from internal resources, with an average price of TRY 12.257 per share.
The announcement also corrected an earlier report that had misstated the cumulative repurchase total as 19,579,757 shares. The completed program was linked to the company's broader capital-management activity.
Mining and export operations
CVK Madencilik operates mining businesses in Turkey and produces chrome, lead, zinc, copper, magnesite and silver ores and concentrates. The company states that it exports the concentrate and lump chromite ore and its lead, zinc, copper and silver metal products, while continuing exploration and evaluation work on its mining licenses.
Turkey's broader equity market environment is covered in the BIST 100 market reports.
More news and analyses on Cvk Maden stock are available in the company topic.
CVK Maden company facts
- Company: CVK Maden Isletmeleri Sanayi ve Ticaret A.S.
- ISIN: TRECVKM00021
- Ticker: CVKMD
- Business: Turkish mining and mineral exports
