{"id":8120,"date":"2023-09-03T10:52:17","date_gmt":"2023-09-03T10:52:17","guid":{"rendered":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2023\/09\/03\/bedelsiz-sermaye-artirimi-nedir-hisseyi-nasil-etkiler\/"},"modified":"2023-09-03T10:52:17","modified_gmt":"2023-09-03T10:52:17","slug":"bedelsiz-sermaye-artirimi-nedir-hisseyi-nasil-etkiler","status":"publish","type":"post","link":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/2023\/09\/03\/bedelsiz-sermaye-artirimi-nedir-hisseyi-nasil-etkiler\/","title":{"rendered":"Bedelsiz sermaye art\u0131r\u0131m\u0131 nedir, hisseyi nas\u0131l etkiler?"},"content":{"rendered":"<p>Borsa \u0130stanbul\u2019da yat\u0131r\u0131mc\u0131lar\u0131n en \u00e7ok ilgi g\u00f6sterdi\u011fi hisse senetleri, bedelsiz potansiyeli y\u00fcksek hisselerden olu\u015fuyor. Peki bedelsiz sermaye art\u0131r\u0131m\u0131 nedir? Hisseyi nas\u0131l etkiler? Bedelsiz sermaye art\u0131r\u0131m\u0131 hesaplama nas\u0131l yap\u0131l\u0131r? Bu yaz\u0131m\u0131zda bu sorulara cevap verece\u011fiz.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"1200\" height=\"759\" src=\"https:\/\/rotaborsa.com\/wp-content\/uploads\/2023\/06\/sermaye.jpeg\" alt=\"| Rota Borsa\" class=\"wp-image-39728\" title=\"| Rota Borsa\"><\/figure>\n<h2 class=\"wp-block-heading\">Bedelsiz sermaye art\u0131r\u0131m\u0131 nedir?<\/h2>\n<p>Bedelsiz sermaye art\u0131r\u0131m\u0131, bir \u015firketin kendi i\u00e7 kaynaklar\u0131n\u0131 ve k\u00e2rlar\u0131n\u0131 kullanarak mevcut olan \u00f6denmi\u015f sermaye miktar\u0131n\u0131 y\u00fckseltme i\u015flemidir. Bu durumlarda \u015firketler, yat\u0131r\u0131mc\u0131lar\u0131ndan hak talep etmedi\u011fi gibi bedelli sermaye art\u0131r\u0131m\u0131nda oldu\u011fu gibi \u015firketlerin kasas\u0131na da d\u0131\u015far\u0131dan bir nakit girmez.<\/p>\n<h2 class=\"wp-block-heading\"><strong>\u015eirketler neden bedelsiz sermaye art\u0131r\u0131m\u0131 yapar?<\/strong><\/h2>\n<p>\u015eirketler bir \u00e7ok nedenden dolay\u0131 bedelsiz sermaye art\u0131r\u0131m\u0131 yapabilirler.<\/p>\n<div class=\"kanews-banner kanews-banner-single\">\n<div style=\"min-height:280px\" data-empower-zone=\"159899\" class=\"empower-ad\"><\/div>\n<\/div>\n<ul class=\"wp-block-list\">\n<li>\u015eirketlerin bedelsiz sermaye art\u0131r\u0131m\u0131na gitmesinin en \u00f6nemli nedenlerinden biri, \u015firketin faaliyetlerini devam ettirmek veya yeni yat\u0131r\u0131mlara y\u00f6nelmek i\u00e7in ihtiya\u00e7 duydu\u011fu ek kayna\u011f\u0131 sa\u011flamakt\u0131r.<\/li>\n<li>Uzun y\u0131llar boyunca sermaye art\u0131r\u0131m\u0131 yapmayan \u015firketler sermaye alt s\u0131n\u0131r\u0131n\u0131n a\u015fa\u011f\u0131s\u0131na d\u00fc\u015ft\u00fcklerinde zorunlu olarak sermaye art\u0131r\u0131m\u0131 yapmak durumunda kalabilirler.<\/li>\n<li>Baz\u0131 \u015firketlerin fiyat\u0131 \u00e7ok b\u00fcy\u00fck rakamlarda fiyatlanabilir. B\u00f6yle durumlarda hisse fiyat\u0131 \u00e7ok y\u00fcksek oldu\u011funda borsadaki i\u015flem hacmi azalabilir ve hissedeki yat\u0131r\u0131mc\u0131 ilgisi d\u00fc\u015febilir. B\u00f6yle durumlarda piyasada dola\u015f\u0131mda bulunan lot say\u0131s\u0131n\u0131n art\u0131r\u0131lmas\u0131yla piyasan\u0131n ilgisini \u00e7ekmek ve yat\u0131r\u0131mc\u0131lara kolayl\u0131k sa\u011flamak amac\u0131yla bedelsiz sermaye art\u0131r\u0131m\u0131 \u015firketler taraf\u0131ndan tercih edilebilmektedir.<\/li>\n<li>\u015eirketlerin sermayesi, \u00fclkelerin enflasyon d\u00f6nemlerinde zaman ge\u00e7tik\u00e7e d\u00fc\u015f\u00fck hale gelecektir. \u015eirketin \u00f6denmi\u015f sermayesinin enflasyon nedeniyle d\u00fc\u015f\u00fck hale gelmesi, piyasalarda \u015firket de\u011ferinin d\u00fc\u015fmesi anlam\u0131na gelecektir. Bu nedenle \u015firketler sermayelerinin enflasyon kar\u015f\u0131s\u0131nda d\u00fc\u015f\u00fck kalmamas\u0131 i\u00e7in baz\u0131 d\u00f6nemlerde sermaye art\u0131r\u0131m\u0131 ger\u00e7ekle\u015ftirirler.<\/li>\n<li>Bedelsiz sermaye art\u0131r\u0131m\u0131 her ne kadar \u015firketin piyasa de\u011ferine olumlu ya da olumsuz etki etmese de \u00f6zellikle \u00fclkemizde \u015firketlerin bedelsiz sermaye art\u0131r\u0131m\u0131 karar\u0131 almas\u0131, yat\u0131r\u0131mc\u0131lar taraf\u0131ndan psikolojik olarak pozitif alg\u0131lan\u0131r. Bedelsiz sermaye art\u0131r\u0131m\u0131 sonras\u0131 fiyatlar b\u00f6l\u00fcnd\u00fckten sonra ilerleyen zamanlarda hisse fiyat\u0131n\u0131n b\u00f6l\u00fcnme \u00f6ncesi g\u00f6rd\u00fc\u011f\u00fc zirve noktas\u0131na tekrar y\u00fckselece\u011fi inanc\u0131 yat\u0131r\u0131mc\u0131lar taraf\u0131ndan benimsenir. Baz\u0131 \u015firketler de bedelsiz sermaye art\u0131r\u0131m\u0131 ilan\u0131yla kendi \u015firketlerinin borsada ilgi oda\u011f\u0131 olmas\u0131n\u0131 istemektedirler.<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\">Bedelsiz sermaye art\u0131r\u0131m\u0131 hesaplama<\/h2>\n<p>Bunu iki farkl\u0131 \u00f6rnekle a\u00e7\u0131klayal\u0131m.<\/p>\n<p><strong>\u00d6rnek-1 :<\/strong><\/p>\n<p>\u015eirketlerin bedelsiz sermaye art\u0131r\u0131m\u0131 ba\u015fvurusu SPK taraf\u0131ndan onayland\u0131ktan sonra b\u00f6l\u00fcnme s\u00fcreci i\u00e7in bir takvim belirlenir. Bedelsiz sermaye art\u0131r\u0131m\u0131 form\u00fcl\u00fc \u015fu \u015fekildedir.<\/p>\n<p>Yeni Hisse Fiyat\u0131: Eski Hisse Fiyat\u0131\/1 (Bedelsiz Art\u0131r\u0131m Oran\u0131)<\/p>\n<p>Bedelsiz Art\u0131r\u0131m Oran\u0131 0 ise 1,  0 ise 2 \u015feklinde al\u0131n\u0131r.<\/p>\n<p>A \u015firketi:<\/p>\n<p>Sermaye: 2 milyar TL<\/p>\n<p>Hisse fiyat\u0131: 10 TL ( B\u00f6l\u00fcnme g\u00fcn\u00fcnden bir g\u00fcn \u00f6nceki kapan\u0131\u015f fiyat\u0131)<\/p>\n<p>Piyasa de\u011feri: 20 milyar TL<\/p>\n<p>Bedelsiz b\u00f6l\u00fcnme oran\u0131: 0<\/p>\n<p>\u015eirket 10 ekim tarihinde 2 milyar TL sermayesi ile 10 TL hisse fiyat\u0131ndan g\u00fcn kapan\u0131\u015f\u0131 ger\u00e7ekle\u015ftirdikten sonra 11 ekim tarihinde b\u00f6l\u00fcnm\u00fc\u015f olarak g\u00fcne ba\u015flayaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnelim. 11 ekim tarihinde 0 bedelsiz sermaye art\u0131r\u0131m\u0131 yapacak olan \u015firketin fiyat\u0131;<\/p>\n<p>Sermaye: 4 milyar TL<\/p>\n<p>Hisse fiyat\u0131: 5 TL<\/p>\n<p>Piyasa de\u011feri: 20 milyar TL olarak 11 ekim g\u00fcn\u00fc i\u015flemlere ba\u015flar. Bedelsiz sermaye art\u0131r\u0131m\u0131nda b\u00f6l\u00fcnme g\u00fcn\u00fc, \u015firketin piyasa de\u011ferinin de\u011fi\u015fmedi\u011fi buradan g\u00f6r\u00fcnmektedir. Bedelsiz sermaye art\u0131r\u0131m\u0131 ba\u015fvurusu \u015firket taraf\u0131ndan a\u00e7\u0131kland\u0131ktan sonra b\u00f6l\u00fcnme s\u00fcrecine kadar piyasa durumuna g\u00f6re yat\u0131r\u0131mc\u0131lar taraf\u0131ndan pozitif alg\u0131lanabilir.<\/p>\n<p><strong>\u00d6rnek-2:<\/strong><\/p>\n<p>A \u015firketi:<\/p>\n<p>Sermaye: 1 milyar TL<\/p>\n<p>Hisse fiyat\u0131: 30 TL ( B\u00f6l\u00fcnme g\u00fcn\u00fcnden bir g\u00fcn \u00f6nceki kapan\u0131\u015f fiyat\u0131)<\/p>\n<p>Piyasa de\u011feri: 30 milyar TL<\/p>\n<p>Bedelsiz b\u00f6l\u00fcnme oran\u0131:  0<\/p>\n<p>\u015eirket 10 ekim tarihinde 1 milyar TL sermayesi ile 30 TL hisse fiyat\u0131ndan g\u00fcn kapan\u0131\u015f\u0131 ger\u00e7ekle\u015ftirdikten sonra 11 ekim tarihinde b\u00f6l\u00fcnm\u00fc\u015f olarak g\u00fcne ba\u015flayaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnelim. 11 ekim tarihinde  0 bedelsiz sermaye art\u0131r\u0131m\u0131 yapacak olan \u015firketin fiyat\u0131;<\/p>\n<p>Sermaye: 3 milyar TL<\/p>\n<p>Yeni hisse fiyat\u0131= Eski fiyat(30 TL)\/(1 B\u00f6l\u00fcnme oran\u0131( 0 yani 2)) form\u00fcl\u00fcyle<\/p>\n<p>Hisse fiyat\u0131:10 TL olarak hesaplan\u0131r. Piyasa de\u011feri yine 30 milyar TL olarak kalacakt\u0131r.<\/p>\n<h2 class=\"wp-block-heading\">Bedelsiz potansiyeli y\u00fcksek hisseler nas\u0131l bulunur?<\/h2>\n<p>\u015eirketlerin\u00a0\u00f6z sermayeleri\u00a0ve \u00f6denmi\u015f sermayeleri aras\u0131ndaki oran ile bedelsiz sermaye art\u0131r\u0131m\u0131 potansiyeli bulunur. Form\u00fcl ise \u015fu \u015fekildedir;<\/p>\n<p>Bedelsiz Potansiyeli: [(\u00d6zsermaye- \u00d6denmi\u015f Sermaye)\/\u00d6denmi\u015f Sermaye]*100<\/p>\n<p>Bunu da bir \u00f6rnekle a\u00e7\u0131klayal\u0131m.<\/p>\n<p>A \u015firketi<\/p>\n<p>Sermaye: 1 milyar TL<\/p>\n<p>\u00d6z sermaye: 15 milyar TL<\/p>\n<p>Potansiyel= [(15-1)\/1]x100 form\u00fcl\u00fcyle 00 olarak \u00e7\u0131kmaktad\u0131r.<\/p>\n<h2 class=\"wp-block-heading\">Borsada bedelsiz sermaye art\u0131r\u0131m\u0131 hisseyi nas\u0131l etkiler?<\/h2>\n<p>Yukar\u0131daki maddelerde de anlat\u0131ld\u0131\u011f\u0131 gibi bir \u015firketin bedelsiz sermaye art\u0131r\u0131m\u0131 her ne kadar \u015firketin\u00a0piyasa de\u011ferine\u00a0olumlu ya da olumsuz etki etmese de \u00f6zellikle \u00fclkemizde \u015firketlerin bedelsiz sermaye art\u0131r\u0131m\u0131 karar\u0131 almas\u0131, yat\u0131r\u0131mc\u0131lar taraf\u0131ndan psikolojik olarak pozitif alg\u0131lan\u0131r.<\/p>\n<h2 class=\"wp-block-heading\">Bedelsiz sermaye art\u0131r\u0131m\u0131 iyi mi?<\/h2>\n<p>Bedelsiz sermaye art\u0131r\u0131m\u0131 sonras\u0131 fiyatlar b\u00f6l\u00fcnd\u00fckten sonra ilerleyen zamanlarda hisse fiyat\u0131n\u0131n b\u00f6l\u00fcnme \u00f6ncesi g\u00f6rd\u00fc\u011f\u00fc zirve noktas\u0131na tekrar y\u00fckselece\u011fi inanc\u0131 yat\u0131r\u0131mc\u0131lar taraf\u0131ndan benimsenir. Bu durum zaman ilerledik\u00e7e ger\u00e7ekle\u015fti\u011fi gibi ger\u00e7ekle\u015fmedi\u011fi de g\u00f6r\u00fclm\u00fc\u015ft\u00fcr.<\/p>\n<h2 class=\"wp-block-heading\">Bedelsiz sermaye art\u0131r\u0131m\u0131 faydas\u0131<\/h2>\n<p>\u015eirketlerin bedelsiz sermaye art\u0131r\u0131m\u0131 ba\u015fvurusu haberi a\u00e7\u0131klanmadan \u00f6nce hisselerin elde bulundurulmas\u0131 veya hisselerin bedelsiz sermaye art\u0131r\u0131m\u0131 beklentisini fiyatlamas\u0131 genelde yat\u0131r\u0131mc\u0131lar taraf\u0131ndan tercih edilen unsurdur.<\/p>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-rota-borsa wp-block-embed-rota-borsa\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"Dk76Wi38UQ\"><p><a href=\"https:\/\/rotaborsa.com\/bedelli-sermaye-artirimi-nedir-hisseyi-nasil-etkiler\/\">Bedelli sermaye art\u0131r\u0131m\u0131 nedir, hisseyi nas\u0131l etkiler?<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p><strong>Halka arzlar ve borsa ile ilgili haberlere en h\u0131zl\u0131 \u015fekillde ula\u015fmak i\u00e7in a\u015fa\u011f\u0131daki linklere t\u0131klayarak sosyal medya hesaplar\u0131m\u0131z\u0131 takip edebilirsiniz!<\/strong><\/p>\n<p><a href=\"https:\/\/twitter.com\/rotaborsa\" target=\"_blank\" rel=\"noreferrer noopener\"><mark><strong><mark><mark style=\"background-color:#ffffff\" class=\"has-inline-color has-vivid-cyan-blue-color\">Borsa ve halka arzlar ile ilgili geli\u015fmeleri en h\u0131zl\u0131 \u015fekilde \u00f6\u011frenmek ve Rotaborsa resmi twitter hesab\u0131n\u0131 takip etmek i\u00e7in t\u0131klay\u0131n\u0131z.<\/mark><\/mark><\/strong><\/mark><\/a><\/p>\n<p><strong><a href=\"https:\/\/www.instagram.com\/rotaborsacom\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark><mark style=\"background-color:#ffffff\" class=\"has-inline-color has-vivid-red-color\">Borsa ve halka arzlar ile ilgili geli\u015fmeleri en h\u0131zl\u0131 \u015fekilde \u00f6\u011frenmek ve Rotaborsa instagram hesab\u0131n\u0131 takip etmek i\u00e7in t\u0131klay\u0131n\u0131z.<\/mark><\/mark><\/a><\/strong><\/p>\n<p><a href=\"https:\/\/t.me\/rotaborsa_halkaarz\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><mark><mark style=\"background-color:#ffffff\" class=\"has-inline-color has-luminous-vivid-orange-color\">Borsa ve halka arzlar ile ilgili geli\u015fmeleri en h\u0131zl\u0131 \u015fekilde \u00f6\u011frenmek ve Rotaborsa telegram hesab\u0131n\u0131 takip etmek i\u00e7in t\u0131klay\u0131n\u0131z.<\/mark><\/mark><\/strong><\/a><\/p>\n<p><strong><a href=\"https:\/\/www.facebook.com\/profile.php?id=100093432964423\" target=\"_blank\" rel=\"noreferrer noopener\"><mark>Borsa ve halka arzlar ile ilgili geli\u015fmeleri en h\u0131zl\u0131 \u015fekilde \u00f6\u011frenmek ve Rotaborsa facebook hesab\u0131n\u0131 takip etmek i\u00e7in t\u0131klay\u0131n\u0131z.<\/mark><\/a><\/strong><\/p>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-rota-borsa wp-block-embed-rota-borsa\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"vaeVSErH49\"><p><a href=\"https:\/\/rotaborsa.com\/2023-halka-arz-takvimi\/\">2023 halka arz olacak \u015firketler | Yeni halka arz olacak hisseler<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-rota-borsa wp-block-embed-rota-borsa\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"quFxmFEng7\"><p><a href=\"https:\/\/rotaborsa.com\/temettu-verecek-sirketler-2023\/\">2023 temett\u00fc verecek hisseler | \u0130\u015fte 2023 temett\u00fc tarihleri ve temett\u00fc takvimi<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Borsa \u0130stanbul\u2019da yat\u0131r\u0131mc\u0131lar\u0131n en \u00e7ok ilgi g\u00f6sterdi\u011fi hisse senetleri, bedelsiz potansiyeli y\u00fcksek hisselerden olu\u015fuyor. Peki bedelsiz sermaye art\u0131r\u0131m\u0131 nedir? Hisseyi nas\u0131l etkiler? Bedelsiz sermaye art\u0131r\u0131m\u0131 hesaplama nas\u0131l yap\u0131l\u0131r? Bu yaz\u0131m\u0131zda bu sorulara cevap verece\u011fiz. Bedelsiz sermaye art\u0131r\u0131m\u0131 nedir? Bedelsiz sermaye art\u0131r\u0131m\u0131, bir \u015firketin kendi i\u00e7 kaynaklar\u0131n\u0131 ve k\u00e2rlar\u0131n\u0131 kullanarak mevcut olan \u00f6denmi\u015f sermaye miktar\u0131n\u0131 y\u00fckseltme [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-8120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-makaleler"],"_links":{"self":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/8120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/comments?post=8120"}],"version-history":[{"count":0,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/posts\/8120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media\/8121"}],"wp:attachment":[{"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/media?parent=8120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/categories?post=8120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazing-banzai.188-132-230-163.plesk.page\/index.php\/wp-json\/wp\/v2\/tags?post=8120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}