Frequently Asked Questions

 

 

1. Who owns Arçelik?

 Click here to see the detailed shareholder structure.

 

2. On which stock exchange is Arçelik traded and what is the stock symbol?

Istanbul Stock Exchange (1986), Symbol ARCLK

 

3. How many outstanding shares does Arçelik have?

The nominal value of the issued share capital of Arçelik is TL 675.728.205 divided into 67.572.820.500 shares each with a nominal value of 1.00 Kr. 

 

4. What is Arcelik's official accounting currency?

Consolidated financial results of Arçelik are reported in accordance with IFRS in TL in line with the requirements of CMB.

 

5. What is Arcelik's dividend policy?

Our company carries out dividend distribution within the framework of Turkish Commercial Code, Capital Markets Board Regulations, Tax Regulations, other related regulations and respective article under our Articles of Association. In profit distribution, a well-balanced and consistent policy shall be followed between the benefits of the shareholders and company benefits in pursuance of Corporate Governance Principles.

In principle, in case respective regulations and financial facilities permit and if satisfied from existing resources in our legal records minimum 50% of distributable period profit calculated within the framework of Capital Markets Board Regulations shall be distributed in cash and/or as no-par share, by considering market expectations, our long-term company strategy, investment and finance policies, profitability and cash position.

Profit Distribution is intended to be completed within latest one month following General Meeting and date of profit distribution shall be determined by decision of General Meeting. General Assembly and, if authorized, Board of Directors may decide on profit distribution by instalments, in accordance with Capital Markets Board Regulations.

According to Company’s Articles of Association; Board of Directors may distribute profit share advance payment; provided that Board of Directors shall be authorized by General Assembly and comply with Capital Markets Board Regulations.

 

6. Could you provide some information about harmonization with EU regulations?

Arcelik is a principal member of CECED (European Committee of Domestic Equipment Manufacturers) and direct member of CECED’s Steering Committee.

As one of the major players in the European appliances market, Arcelik’s production is in full compliance with EU directives and standards.

Arçelik is ready to comply with all EU regulations and new directives, on subjects such as;

ENVIRONMENT: WEEE, RoHS, EUP, Packing Waste, F-Gases

ENERGY: Energy Efficiency, Energy Labelling COMPETITION

CONSUMER PROTECTION: Consumer protection and product safety

 

7. I have stocks of your former organization. How can I have them treated?

For detailed information please contact with Capital Markets Regulations Compliance department.

T: 00 90 212 314 3147

 

8. Could you please, inform about Merkezi Kayıt Kuruluşu (MKK) (Central Securities Depository)?

According to Article 13 of Capital Market Law numbered 6362; rights to capital market record instruments shall be monitored by MKK. Records shall be kept by members of this institution in an electronic media created by MKK. This institution is under supervision and control of the Board. Establishment, activity, working and audit principles of Merkezi Kayıt Kuruluşu A.Ş. shall be determined by a regulation enacted by Council of Ministers.

Capital market record instruments shall be monitored in accounts opened personally, regardless of whether they are registered or bearer instruments.

Also our company is member of Merkezi Kayıt Kuruluşu A.Ş. For detailed information concerning Merkezi Kayıt Kuruluşu A.Ş., please refer to http://www.mkk.com.tr.