Macro Bank Repurchases 45,298 Class B Shares For Ps$ 445,750,985
The Argentine lender paid an average Ps$ 9,840.412 a share, according to a notice to the country's securities regulator.
Macro Bank, the Argentine lender known as Banco Macro, bought back 45,298 of its own Class B shares for an aggregate Ps$ 445,750,985, according to a notice dated Tuesday to Argentina's securities regulator, the Comisión Nacional de Valores.
The price and the shares
The bank paid an average of Ps$ 9,840.412 per share. The shares are common, book-entry Class B stock, each with a par value of Ps$ 1 and one vote.
The bank said the purchase was made under Section 64 of Law 26,831 and the regulator's applicable rules and regulations. The notice was furnished to the SEC on Form 6-K, the filing foreign issuers use to pass on their home-market announcements.
Size of the bank
Banco Macro's market value stood at $3.8 billion as of Tuesday's report.
The bank's notice put the total spent at Ps$ 445,750,985 for 45,298 shares.
Sources
- Form 6-K — Translation of a submission from Banco Macro to the CNV dated on November 3, 2026. — SEC EDGAR
