FinanceTürkiye Official institution
Kervan Food launched a new share repurchase program of 50 million TL
The Board of Directors of Kervan Food Industry and Commerce A.S. decided on September 28, 2026, to launch a new share repurchase program to contribute to a healthy price formation in cases where the price of shares traded on the Stock Exchange Istanbul does not reflect the company's performance.
What does it mean?
Caravan Food allocated a budget of 50 million TL to buy its shares when it thought the share price was low, which could support the value per share.
Who is affected?
Caravan Food shareholders and investors who sell shares traded under the KRVGD code in Bursa Istanbul.