DividendOct 30, 2026, 04:46 PM
Cresud Announces Exchange Rate and Dividend Tax Details
AI Summary
Cresud S.A.C.I.F. y A. has announced the applicable exchange rate for foreign shareholders who exercised their option on October 28, 2026, which is USD 1 = ARS 1,537.00. The company also detailed that the distribution of dividends is subject to a 7% withholding tax, which will be deducted directly from the cash dividend.
Key Highlights
- Exchange rate for foreign shareholders exercising options on October 28, 2026, is USD 1 = ARS 1,537.00.
- Distribution of dividends is subject to a 7% withholding tax as per Income Tax Law.
- Withholding tax applicable to cash and in-kind dividends will be deducted directly from the cash dividend.
Price Impact
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