Investor Relations
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Ownership Breakdown

As of December 31, 2024, Pampa’s outstanding capital stock amounts to 1,363,520,380 common shares or 54,540,815 ADRs equivalent, of one peso of nominal value and one vote per share (1 ADR equals to 25 common shares). For further information, see Buyback Programs.

The ownership of Pampa‘s shares is the following:

Holder Number of Shares, in Million Number of ADRs, in Million Share of Outstanding Capital, in %
Management1 302.2 12.1 22.2%
Free Float2 1,057.4 42.3 77.6%
Shares in treasury3
Employee stock-based compensation plan 3.9 0.2 0.3%
Total outstanding capital 1,363.5 54.5 100.0%

 

Note: All figures have been subject to rounding, so totals may not sum. 1 The management holdings based on public information as of December 31, 2024, includes direct and indirect stakes of Messrs. Marcos Marcelo Mindlin, Damián Miguel Mindlin, Gustavo Mariani and Ricardo Alejandro Torres. 2 Listed in NYSE and BYMA. 3 Updated as of December 31, 2024.

Pampa’s Capital Stock Evolution
Period Description Number of Shares, in Million Number of ADRs, in Million
2005 November Creation 6.0 0.2
2006 May I capital increase 146.0 5.8
September II capital increase 446.0 17.8
2007 February III capital increase 1,046.0 41.8
September IV capital increase 1,526.2 61.0
2010 September I capital reduction 1,314.3 52.6
2015 December V capital increase 1,695.9 67.8
2016 November VI capital increase and merge with Petrobras Argentina I 1,836.5 73.5
2018 May VII capital increase and merge with Petrobras Argentina II 1,938.4 77.5
August VIII capital increase and exchange of minority holdings of Petrolera Pampa 2,082.7 83.3
November II capital reduction 1,899.9 76.0
2020 May III capital reduction 1,747.9 69.9
2021 June IV capital reduction 1,596.3 63.9
October V capital reduction 1,455.5 58.2
VI capital reduction 1,398.9 56.0
2022 March VII capital reduction 1,386.4 55.5
October VIII capital reduction 1,383.6 55.3
2023 July IX capital reduction 1,363.5 54.5
Hoy
1,363.5 54.5

For further information, see our Historia.