Arzum shareholders explore selling majority stake, stock price soars

LootboxPhobia · 2026-04-03T09:54:58+00:00

Turkish small home appliance manufacturer Arzum announced that shareholders holding more than 51% of the share capital will negotiate with potential buyers to sell their shares. This news caused the company’s stock price to rise nearly 10% on the Istanbul Stock Exchange. The specific identities of the shareholders and the details of the negotiations have not yet been disclosed.

LootboxPhobia

2026-04-03 09:54:58

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Investing.com – Turkish home appliance maker Arzum announced on Thursday that shareholders holding more than 51% of the company’s issued share capital have decided to enter into negotiations with potential buyers to sell their stake.

The company’s share price rose nearly 10% on Friday on the Istanbul Stock Exchange, reaching the trading limit of 3.25 lira.

In a filing submitted to the stock exchange, Arzum said that its individual shareholders may sell some or all of their holdings.

The company did not disclose the identities of the shareholders involved, nor did it provide detailed information about potential buyers or the negotiation timeline.

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