Dagi Giyim Sanayi ve Ticaret A.S. ( (TR:DAGI) ) has issued an update.
Dagi Giyim Sanayi ve Ticaret A.S. has been executing a regulated share buy‑back program on Borsa Istanbul, funded from its own resources, with authority granted by the board for a period of up to one year. The program allows repurchases up to 35 million shares, equivalent to 8.75 percent of capital, and is designed to support a healthier valuation and price stability for its stock.
Under this program, the company repurchased shares with a nominal value of 1,190,000 Turkish lira on 8 September 2026 at an average price of 9.96 lira per share, lifting total treasury shares to 16,715,421. These holdings now represent 4.18 percent of paid‑in capital, signaling active use of balance‑sheet cash to defend the share price while management expects no significant adverse impact on financial position or operating results.
More about Dagi Giyim Sanayi ve Ticaret A.S.
Dagi Giyim Sanayi ve Ticaret A.S. operates in the apparel and textile sector, focusing on clothing products sold to consumers through the Turkish capital markets. Its shares are listed and traded on Borsa Istanbul, giving investors access to the company within the domestic equity market.
The company's activities are subject to Turkish commercial and capital markets regulation, including oversight by the Capital Markets Board and compliance with the Turkish Commercial Code. This positioning reflects a regulated, exchange‑traded fashion and textile business serving local investors.
Average Trading Volume: 12,151,224
Technical Sentiment Signal: Buy
Current Market Cap: 3.73B TRY
For an in-depth examination of DAGI stock, go to TipRanks' Overview page.
This story was written using TipRanks's AI tools and reviewed by a TipRanks editor.
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