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Information about Şok Market (BIST code: SOKM)!

by Financial Economy

Şok Market is a grocery chain operating under Yıldız Holding, bringing affordable products to customers. It operates in Turkey. Şok Marketler Ticaret A.Ş shares are traded on Borsa Istanbul.
Information about Şok Market, what is the its stock market code, where it operates, etc. is located in the continuation of the content. You can browse here for information about Borsa Istanbul (BIST).

Information about Şok Market! Whose Şok Market?

Şok or ŞOK Marketler ŞOK Marketler Ticaret A.Ş, which was founded by Migros Ticaret A.Ş in 1995, started its activities by opening 13 stores. The aim was to establish a cheap and low-cost small-sized widespread store network and to employ less personnel with the features in the shelf system and reduce the cost. Migros Ticaret A.Ş. 291 stores were opened in 2000, 311 stores in 2005, 980 stores in 2009, and 1254 stores in 2010, respectively.

It was purchased by a consortium led by Gözde Girişim, one of the Yıldız Holding companies, in August 2011. Having completely renewed its concept with the sale, Şok Market completely renewed its stores.

Şok Market stock market information!

Şok Market is traded on Borsa Istanbul (BIST). Şok Market shares are traded on the Yildiz Market. Şok Market ticker code is SOKM. Approximately 47% of the shares are traded on the stock exchange.

Şok Marketler Ticaret AŞ’ paid/issued capital is 611,928,571 TL, or approximately 72,498,616.84 dollars. Cengiz Solakoğlu is the chairman of the board of directors of the company. Ali Ülker is the vice chairman of the board of directors.

Şok Market Affiliates and Subsidiaries!

Şok Market subsidiaries and affiliates are as follows:

  • Season Fresh Vegetables and Fruits Industry and Trade Inc. (subject of activity: vegetable and fruit supply)
  • UCZ Mağazacılık Ticaret AŞ (activity: food and agricultural products)

Attention: This content has been prepared for informational purposes only. It is not investment advice!

For information about Borsa Istanbul, you can check here.

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