STOCK TITAN

Grupo Aval (AVAL) shifts 52.8% Corficolombiana ownership into Ficentro vehicle

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Grupo Aval Acciones y Valores S.A. reports an internal restructuring of its ownership in Corporación Financiera Colombiana S.A. (Corficolombiana). Grupo Aval, Banco de Bogotá, Banco de Occidente and Banco Popular (the “Contributing Shareholders”) have contributed in kind all their Corficolombiana common shares, representing 52.80% of Corficolombiana’s outstanding share capital, to Corporación Financiera Centroamericana S.A. (Ficentro), a Panamanian company within the Aval Financial Conglomerate.

The Contributing Shareholders now hold directly 100% of Ficentro’s share capital and, through Ficentro, indirectly hold the same 52.80% interest in Corficolombiana. Banco Popular S.A. will continue to act as the consolidating entity of Corficolombiana under an existing shareholders’ voting agreement among the Contributing Shareholders.

Positive

  • None.

Negative

  • None.
Corficolombiana stake 52.80% of outstanding share capital Transferred to Ficentro via in-kind contributions
Ficentro ownership 100% of Ficentro share capital Held directly by the contributing Grupo Aval entities
in-kind contributions financial
"they have transferred, by means of in-kind contributions at book value"
In-kind contributions are non-cash assets or services provided to a company or project instead of money — for example equipment, inventory, professional services, or shares. For investors, they matter because they change what a business owns and owes without affecting its cash balance, which can affect valuation, reported expenses, ownership stakes or future cash needs; think of receiving a useful tool instead of a check, which helps operations but may be harder to convert to cash.
book value financial
"by means of in-kind contributions at book value, all of their common shares"
Book value is a company’s total assets minus its total liabilities as reported on the balance sheet; it represents the net accounting value that would remain for shareholders if the business sold its assets and paid off its debts. Investors use it as a benchmark to judge whether a stock looks cheap or pricey compared with that accounting baseline—like comparing a car’s resale “book” value to the price someone asks—and to assess firms with lots of tangible assets or potential liquidation value.
consolidating entity financial
"Banco Popular S.A. will continue to serve as the consolidating entity of Corficolombiana"
shareholders’ voting agreement financial
"pursuant to a shareholders’ voting agreement among the Contributing Shareholders"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What ownership change did Grupo Aval (AVAL) report regarding Corficolombiana?

Grupo Aval and affiliated banks transferred all their Corficolombiana common shares, representing 52.80% of its outstanding share capital, to Ficentro. Ownership remains within the Aval Financial Conglomerate but is now held indirectly through this Panamanian entity.

Who now holds the 52.80% stake in Corficolombiana mentioned by Grupo Aval (AVAL)?

The 52.80% stake in Corficolombiana is now held indirectly through Corporación Financiera Centroamericana S.A. (Ficentro). The contributing Grupo Aval entities collectively own 100% of Ficentro’s share capital, preserving control within the Aval Financial Conglomerate.

What is Ficentro’s role in Grupo Aval’s (AVAL) new structure with Corficolombiana?

Ficentro serves as the holding vehicle receiving all contributed Corficolombiana common shares via in-kind contributions at book value. It is part of the Aval Financial Conglomerate and is fully owned by the contributing Grupo Aval entities under the new structure.

How were the Corficolombiana shares transferred in Grupo Aval’s (AVAL) reorganization?

The contributing Grupo Aval entities transferred their Corficolombiana common shares to Ficentro through in-kind contributions at book value. This means the assets were contributed instead of cash, with the transfer valued based on their carrying amount in the contributors’ accounts.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report Of Foreign Private Issuer

Pursuant To Rule 13a-16 Or 15d-16 Of

The Securities Exchange Act Of 1934

 

For the month of June 2026


Commission File Number: 001-36631

 

Grupo Aval Acciones y Valores S.A.

(Exact name of registrant as specified in its charter)

 

Carrera 13 No. 26A - 47

Bogotá D.C., Colombia

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

X

  Form 40-F

 

 

 

 
 

GRUPO AVAL ACCIONES Y VALORES S.A.

 

TABLE OF CONTENTS

 

ITEM  
1. Notice of relevant information dated June 9, 2026

 

 
  

 

Item 1

 

RELEVANT INFORMATION

 

Bogotá, June 9, 2026. Grupo Aval S.A., Banco de Bogotá S.A., Banco de Occidente S.A., and Banco Popular S.A. (collectively, the “Contributing Shareholders”) inform that, on this date, they have transferred, by means of in-kind contributions at book value, all of their common shares in Corporación Financiera Colombiana S.A. (“Corficolombiana”), representing 52.80% of its outstanding share capital, to Corporación Financiera Centroamericana S.A. (“Ficentro”), a company incorporated under the laws of the Republic of Panama and part of the Aval Financial Conglomerate.

 

Banco Popular S.A. will continue to serve as the consolidating entity of Corficolombiana pursuant to a shareholders’ voting agreement among the Contributing Shareholders, who collectively hold, directly, 100% of Ficentro’s share capital and, indirectly, through Ficentro, 52.80% of Corficolombiana’s share capital.

 

 
 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: June 10, 2026

 

    GRUPO AVAL ACCIONES Y VALORES S.A.
     
     
      By:               /s/ Jorge Adrián Rincón Plata
        Name: Jorge Adrián Rincón Plata
        Title: Chief Legal Counsel