Isbank shares of Group A, Group B and Group C are listed on the Borsa Istanbul National Market. Isbank Group C shares are traded on over-the-counter markets in the U.S. as ADR (ADR-144 A) with the symbol TYABY and on London Stock Exchange as GDR-REG S with the symbol TIBD.
*As of 31.12.2015
2015 - 2019
2010 - 2014
2005 - 2009
(1) Net dividend ratios for per Group C shares.
(2) Shares amounting to 6 % of the paid-in capital were distributed in the form of stock dividend.
(3) 2008 Payout Ratio includes both cash and bonus shares. 10.96% of net income is distributed in cash.
Due to the reason that each share must have a minimum nominal value of 1 Kurus in accordance with the Law nr. 5274 related to changing the Turkish Commercial Code, 20 of the Group (A) shares, each of which previously had a nominal value of TL 500 were grouped together as per the Extraordinary General Meeting dated 25.07.2007, and new Group (A) shares were composed, each with a nominal value of 1 Kurus.
Group (A) shares each with a nominal value of 1 Kurus (the old Group A shares: TL 500) have the privileges of;
• receiving shares as times 20, in the distribution of bonus shares issued from conversion of extraordinary reserves and revaluation funds generated in accordance with the relevant laws (Article 18 of the Articles of Incorporation) • exercising pre-emptive rights as times 20 (Article 19 of the Articles of Incorporation)
Besides, Group (A)shares have privilege with regards to the liquidation operations as per the Article 62 of the Articles of Incorporation.
Despite having a lower nominal value, Group (B) shares, each with a nominal value of 1 Kurus, have the same rights with the Group (C) shares, each with a nominal value of 4 Kurus. Furthermore, Group (A) and (B) shares, each with a nominal value of 1 Kurus, have priority rights in distribution of profits pursuant to Article 58 of our Articles of Incorporation.