Pay Geri Alımları İle Geri Alım İşlemlerinin Neden ve Sonuçlarının Analizi: Borsa İstanbul Üzerine Bir Uygulama
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Following a prohibited period due to its potentially negative outcomes for shareholders and creditors, stock repurchase has recently been regulated within the company law systems of many jurisdictions pursuant to its increasing popularity in satisfying special financing requirements of companies. That the regulatory improvements have removed the uncertainty inherent in such transactions has increased the volume of, especially, the open market stock repurchases. Turkish legislation, i.e. Commercial Code and Capital Markets Law, has latterly been updated in accordance with acquis communautaire in order to allow stock repurchases.