BDDK to Grant Flexibility in Stock Buybacks on Borsa Istanbul

The Banking Regulation and Supervision Agency (BDDK) has announced a new regulation governing the share buyback processes of banks operating on Borsa Istanbul. The agency has established a framework that allows banks to manage their buyback plans flexibly. The new regulation permits banks to adjust their buyback decisions in line with market conditions while maintaining the objective of preserving capital adequacy and liquidity requirements. This enables banks to respond more swiftly to market fluctuations and enhance investor confidence. BDDK’s move aims to improve liquidity levels on Borsa Istanbul and contribute to more stable share price movements. The regulation also requires banks to disclose their buyback strategies transparently, thereby ensuring information parity among market participants. Banks are expected to complete the relevant procedures within 30 days for the regulation to take effect. During this period, the agency will conduct compliance audits and require banks to report their buyback plans regularly. This is not investment advice.