0
Wireless

Turkcell increases share buyback authorisation

Wednesday 25 March 2020 | 16:57 CET | News
Turkcell announced plans to increase its share buyback authorisation, in order to support its share price following recent market fluctuations. The authorisations dated July 2016 and January 2017 to spend up to TRY 300 million buying back shares trading at Borsa Istanbul, its American Depository Receipts (ADR) trading on the New York Stock Exchange and the company's Eurobonds were increased to TRY 450 million. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Turkcell
Countries: Turkey
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Turkcell looks to safeguard remote education, business continuity

Published 14 Apr 2020 14:05 CET | Turkey
Turkcell said it helps fight the effects of Coronavirus with several initiatives for the community, business and the authorities. ...

Turkcell's data usage up 35% since late March

Published 13 Apr 2020 10:41 CET | Turkey
Turkcell said its data usage went up 35 percent since late March as a result of the corona crisis. At the same time, BiP Group ...

Turkcell approves issue of lease certificates

Published 26 Mar 2020 14:58 CET | Turkey
Turkcell's board has approved the issue of lease certificates by its wholly owned subsidiary Superonline Iletisim Hizmetleri ...

Turkcell increases capital of Lifecell Ventures subsidiary, prepays loan maturing in September

Published 26 Mar 2020 14:57 CET | Turkey
Turkcell increased the capital of its 100 percent owned subsidiary Lifecell Ventures Cooperatief (Lifecell Ventures) by EUR 12 ...

Turkcell purchases 410,000 own shares

Published 20 Mar 2020 14:17 CET | Turkey
Turkcell purchased a total of 410,000 own shares at a price range of TRY 12.09 – 12.25 with an average of TRY 12.18 totaling TRY ...

Turkcell adds HR to duties of legal, regulation chief Demir

Published 17 Mar 2020 11:54 CET | Turkey
Turkcell announced Serhat Demir, EVP of Legal and Regulation will also serve as the acting EVP of Human Resources in addition to ...

Turkcell agrees EUR 50 mln 'green' loan from ING

Published 11 Mar 2020 15:02 CET | Turkey
Turkcell said it signed a 'green' loan of EUR 50 million with ING European Financial Services, a subsidiary of ING Bank. The loan ...

Turkcell incorporates new Lifecell subsidiary

Published 06 Mar 2020 11:05 CET | Turkey
Turkcell announced the incorporation of Lifecell Dijital Servisler ve Cozumler, owned by Turkcell subsidiary Turktell Bilisim ...