Banco Macro (BMA) to pay AR $38,372,817,156.73 cash dividend installment No. 7
Rhea-AI Filing Summary
Banco Macro S.A. will pay the seventh installment of a previously approved cash dividend totaling AR $38,372,817,156.73, equal to AR $60.0147000927 per share and representing 6,001.4700% of its outstanding capital stock of AR $639,390,301.
This installment is part of a dividend to be distributed in 10 equal and consecutive monthly installments expressed in constant currency, authorized by the Central Bank of the Republic of Argentina and approved by shareholders and the board. The dividend is available to shareholders of record on December 29, 2025, with payment starting December 30, 2025, and is subject to a 7% withholding under the Argentine Income Tax Law. Holders of ADRs will receive the payment through The Bank of New York Mellon under the applicable depositary agreement.
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Insights
Banco Macro is proceeding with a large, pre-approved cash dividend installment.
Banco Macro S.A. is distributing installment No. 7 of a cash dividend totaling AR $38,372,817,156.73, or AR $60.0147000927 per share, described as 6,001.4700% of its outstanding capital stock of AR $639,390,301. This payment is one of 10 equal and consecutive monthly installments expressed in constant currency, reflecting prior approvals from shareholders, the Central Bank of the Republic of Argentina, and the board.
The dividend is available to shareholders of record on December 29, 2025, with cash payment beginning on December 30, 2025. A 7% withholding applies under the Argentine Income Tax Law, which affects the net cash received by shareholders. ADR holders will receive the distribution via The Bank of New York Mellon under the existing depositary agreement, aligning treatment between local shares and international certificates.
For income-focused holders, the key concrete elements are the sizable peso amount per share, the tax withholding, and the defined schedule of 10 installments. Subsequent company communications or filings can clarify how future installments proceed within the same framework and whether any regulatory or corporate decisions alter the established schedule.
FAQ
What is the total amount of Banco Macro's cash dividend installment described here?
The seventh installment of Banco Macro S.A.'s cash dividend totals AR $38,372,817,156.73, representing 6,001.4700% of its outstanding capital stock of AR $639,390,301.
What are the record date and payment date for Banco Macro (BMA)'s dividend installment?
The record date is December 29, 2025, and the cash dividend will be available for payment starting December 30, 2025 through Caja de Valores S.A.
How will Banco Macro (BMA) ADR holders receive this dividend payment?
Shareholders holding ADRs will receive the corresponding dividend through The Bank of New York Mellon, as depositary agent for the underlying Class B shares, under the applicable depositary agreement.
How is this Banco Macro dividend structured over time?
The dividend has been authorized to be paid in 10 equal and consecutive monthly installments, expressed in constant currency, with this document describing installment No. 7.