StockWatch
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Commercial Banks
BuybackOct 28, 2026, 04:56 PM

Macro Bank Inc. Approves Share Buyback Program Up to Ps$. 160B

AI Summary

Macro Bank Inc. announced its Board of Directors has approved a share repurchase program. The decision was made in response to the current macroeconomic context and capital market fluctuations impacting the bank's share price. The program aims to protect shareholder investment value and reduce share price volatility. The repurchase will involve up to Ps$. 160,000,000,000, targeting up to 20,000,000 Class B shares at a maximum price of Ps$. 10,700.00 per share, over a 45-day period.

Key Highlights

  • Macro Bank Inc. Board approved a share repurchase program.
  • Maximum investment amount set at Ps$. 160,000,000,000.
  • Up to 20,000,000 Class B common shares to be acquired.
  • Maximum payable price per share is Ps$. 10,700.00.
  • Acquisition term is 45 calendar days, subject to renewal.