AGM/EGMApr 29, 2026, 04:54 PM
GGAL Shareholders Approve Ps. 150B Dividend; Re-elect Directors & Syndics
AI Summary
Grupo Financiero Galicia S.A. held its Ordinary Shareholders' Meeting on April 28, 2026, with an 80.47% quorum. Shareholders approved a significant dividend distribution of Ps. 150,000,228,000 (inflation-adjusted) from the Discretionary Reserve, with further delegation to the Board for an additional Ps. 39,999,772,000. The meeting also approved the financial statements for fiscal year 2025, re-elected several directors and syndics, and appointed new independent accountants for fiscal year 2026.
Key Highlights
- Shareholders' Meeting held on April 28, 2026, with 80.47% quorum.
- Approved Ps. 150,000,228,000 dividend from Discretionary Reserve (inflation-adjusted).
- Delegated authority to Board for additional Ps. 39,999,772,000 dividend distribution.
- Approved Financial Statements and reports for fiscal year ended December 31, 2025.
- Re-elected three regular and two alternate directors for a three-year term.
- Re-elected two regular and two alternate syndics, and elected two new syndics.
- Approved Board of Directors' compensation of Ps. 5,675,500,000 for FY2025.
- Appointed María Mercedes Baño and Carlos Santiago J. Mignone as independent accountants for FY2026.
Price Impact
More from GGAL