Macro Bank Repurchases 21,598 Class B Shares For Ps$ 211,166,590

The bank paid an average of Ps$ 9,777.136 per ordinary share for the completed purchases.

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Macro Bank Repurchases 21,598 Class B Shares For Ps$ 211,166,590

Macro Bank bought back 21,598 Class B shares for Ps$ 211,166,590, the bank said in a Friday statement to Argentina’s securities regulator that it also furnished to the U.S. Securities and Exchange Commission.

The Price Of The Repurchases

The completed purchases cost an average of Ps$ 9,777.136 per ordinary share. The repurchased stock consists of the bank’s Class B common shares.

BMA’s Market Value

BMA’s market capitalization stood at $3.7 billion as of 5:21 p.m. ET Friday.

Sources

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