Kaspi.kz Increases Controlling Stake in D-MARKET Electronic Services & Trading to 86.74%
KSPI is trading near its 52-week low of $68.59 (13% above the low).
Summary
Controlling shareholder Joint Stock Company Kaspi.kz acquired an additional $11.2 million in D-MARKET Electronic Services & Trading shares, increasing its stake to 86.74%.
Key Events · Ownership and Investor Activity · KSPI
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Increased Ownership
Joint Stock Company Kaspi.kz purchased 3,853,814 Ordinary Shares (represented by ADSs) in two transactions on May 18 and June 8, 2026.
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Total Investment
The aggregate purchase price for these shares was approximately $11.2 million, funded by working capital.
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Controlling Stake
Kaspi.kz now beneficially owns 309,866,046 Ordinary Shares, representing 86.74% of the total outstanding shares.
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Strategic Intent
The purpose of these transactions is to maintain and increase a substantial controlling interest in D-MARKET Electronic Services & Trading.
Analysis · KSPI · Trade & Services
Joint Stock Company Kaspi.kz, the dominant shareholder, has further increased its ownership in D-MARKET Electronic Services & Trading through two recent open-market purchases totaling approximately $11.2 million. These transactions, which represent about 1% of the outstanding shares, reinforce Kaspi.kz's commitment to its substantial controlling interest in the company.
At the time of this filing, KSPI was trading at $77.60 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $15.8B. The 52-week trading range was $68.59 to $99.20. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.