DividendMay 20, 2026, 11:03 AM
Macro Bank Subsidiary Declares AR $49B Cash Dividend Instalment
AI Summary
Macro Bank Inc. announced that its subsidiary, Banco Macro S.A., will pay the second installment of its cash dividend. The total dividend amount is AR $49,033,753,984.66, equating to AR $76.6882980676 per share. The payment, authorized by the Central Bank of Argentina and the Board of Directors, will be available as of June 3, 2026, for shareholders of record on June 2, 2026, and is subject to a 7% income tax withholding.
Key Highlights
- Banco Macro S.A. to pay instalment No. 2 of cash dividend totaling AR $49,033,753,984.66.
- Dividend per share is AR $76.6882980676, representing 7,668.8298% of outstanding capital stock.
- The dividend is subject to a 7% withholding under section 97 of the Income Tax Law.
- Record date for the dividend is June 2, 2026.
- Dividend will be available as of June 3, 2026.
- ADR holders will receive dividends through The Bank of New York Mellon.
Price Impact
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