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Grupo Financiero Stock Price, News & Analysis

GGAL Nasdaq

Welcome to our dedicated page for Grupo Financiero news (Ticker: GGAL), a resource for investors and traders seeking the latest updates and insights on Grupo Financiero stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Grupo Financiero's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Grupo Financiero's position in the market.

Rhea-AI Summary
Grupo Financiero Galicia (NASDAQ: GGAL) announced the pricing of a secondary offering by HSBC Bank plc of 11,721,449 American Depositary Shares (ADSs) at $54.25 per ADS. Each ADS represents 10 Class B ordinary shares, totaling 117,214,490 shares. The offering is being managed by Morgan Stanley and Goldman Sachs as lead underwriters, with an expected closing date of June 12, 2025. Notably, HSBC Bank plc will receive all proceeds from the offering, as GGAL is not selling any ADSs and will not receive any proceeds. The offering is being conducted through an effective shelf registration on Form F-3 filed with the SEC, and the ADSs are not authorized for public offering in Argentina under the Argentine Capital Markets Law.
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Rhea-AI Summary
Grupo Financiero Galicia (NASDAQ: GGAL) announced a secondary offering of 11,721,449 American Depositary Shares (ADSs) by HSBC Bank plc, representing 117,214,490 Class B ordinary shares. The offering is being managed by Morgan Stanley and Goldman Sachs as lead underwriters. Notably, GGAL will not receive any proceeds from this offering as all shares are being sold by HSBC Bank plc. The ADSs are not authorized for public offering in Argentina and cannot be offered under Argentine Capital Markets Law. The offering will be conducted through an effective shelf registration on Form F-3 filed with the SEC.
Rhea-AI Impact
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FAQ

What is the current stock price of Grupo Financiero (GGAL)?

The current stock price of Grupo Financiero (GGAL) is $56.2 as of June 11, 2025.

What is the market cap of Grupo Financiero (GGAL)?

The market cap of Grupo Financiero (GGAL) is approximately 9.1B.
Grupo Financiero

Nasdaq:GGAL

GGAL Rankings

GGAL Stock Data

9.09B
147.59M