Investor Relations
es en

Buyback Programs

Share Buyback Programs

Last program

Share buyback program XIII Program
Maximum amount for repurchase US$75 million
Maximum price AR$2,664/ordinary share or US$50/ADR
Period in force 120 days since August 8, 2022

Note: Information updated as of August 7, 2023.

 

Former programs

 

Capital stock reductions

Date of shareholders meeting Shares cancelled ADRs equivalent cancelled Date of registration
2-Oct-2018 182,820,250 7,312,810 23-Nov-2018
1-Oct-2019 151,997,025 6,079,881 7-May-2020
7-Apr-2020 151,585,025 6,063,401 1-Feb-2021
10-Dec-2020 140,786,959 5,631,478 14-Oct-2021
29-Apr-2021 56,581,600 2,263,264 15-Oct-2021
30-Sep-2021 12,513,675 500,547 3-Mar-2022
27-Apr-2022 2,761,375 110,455 17-Oct-2022
26-Apr-2023 20,124,225 804,969 18-Jul-2023

Note: For further information, see capital accionario.

Repurchase of Debt Securities
Security Maturity Coupon Amount Issued Amount Net of Repurchases
CB Series IX at par & fixed rate 2026 9.5% 293 179
CB Series I at discount & fixed rate 2027 7.5% 750 597
CB Series III at discount & fixed rate 2029 9.125% 300 293

Note: CB: Corporate Bond. Updated as of August 8, 2023. Amounts in million dollars.