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Received SPK approval for bonus share issuance

The Capital Markets Board (SPK) announced in its latest weekly bulletin that the application by İndes Bilgisayar Sistemleri for a bonus share issuance has been approved.

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Received SPK approval for bonus share issuance

İndes Bilgisayar Sistemleri will increase its current capital of 224 million TL by 234.8% through a bonus issue of 526 million TL, bringing the total to 750 million TL. The entire capital increase will be covered by internal resources.

INDES shares have resumed their upward trend, beginning to gain value again in November following a correction in October. Accordingly, the share price, which fell by 8% last month, has recorded a 17% increase since the beginning of the month with the recovery in November, reaching 26.5 TL as of the last closing price. 

As of the latest situation, INDES shares continue to show a value increase of nearly 27% since the beginning of the year.


News Source: 12punto

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