With a rich history spanning over 180 years, Türk Telekom is one of the few companies that has not yet carried out a capital increase without consideration. The company, known for regularly paying dividends to its investors, reported that its equity reached 123.3 billion TL in its second-quarter financial statements for 2024, announced on September 16, 2024. This situation has brought Türk Telekom’s potential for a capital increase without consideration into question.
## Türk Telekomünikasyon A.Ş. Stock News
Türk Telekomünikasyon A.Ş. (TTKOM) has announced its second-quarter financial results for 2024. According to the financial report covering the period from January 1, 2024, to June 30, 2024, the company achieved a profit of 2,549,332,000 TL. In the same period last year, the company reported a loss of 2,279,959,000 TL, but in this year’s second quarter, it announced a net profit of 1,419,479,000 TL. The company’s revenue increased by 5% compared to the same period last year.
## Türk Telekom (TTKOM) Capital Increase Potential
With a paid-in capital of 3.5 billion TL, Türk Telekom’s equity has increased to 123.3 billion TL according to the latest financial statements. This situation has raised the company’s potential for a capital increase without consideration to 3,420%. However, a high potential for a capital increase without consideration does not necessarily mean that the company will take such action. The stock price is influenced by market transactions. The potential for a capital increase without consideration indicates how much the company could increase its capital if it decides to do so. Companies with high capital increase potential can offer more additional shares to existing shareholders without making any payments if a capital increase is carried out.
In conclusion, Türk Telekom’s strong balance sheet and high potential for a capital increase without consideration are attracting investors’ attention. However, it is important to note that the company has not yet made an official announcement regarding a capital increase without consideration. Investors should consider market conditions and the company’s expectations for future periods when making their decisions.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
