BBVA Argentina (NYSE: BBAR) sets dates for third dividend payment
Rhea-AI Filing Summary
Banco BBVA Argentina S.A. outlines the payment of the third of ten dividend installments approved by shareholders and the Argentine central bank. The total dividend amounts to AR$ 89,413,163,000 in homogeneous currency as of December 31, 2024, equivalent to AR$ 104,868,854,117 in current homogeneous currency. Installment 3 totals AR$ 3,507,392,436, or AR$ 17.1155534650 per share, on 33.4455536188% of the share capital that did not opt for payment in BOPREAL. Shareholders on record as of August 26, 2025 will receive payment from August 29, 2025, generally in pesos, while non-residents who chose BOPREAL will receive bonds once the central bank settles the tender. Dividends are subject to a 7% income tax withholding, with potential adjustments for personal property tax already paid by the bank.
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FAQ
What dividend is BBVA Argentina (BBAR) paying in this 6-K?
BBVA Argentina is paying Installment 3 of 10 from a dividend of AR$ 89,413,163,000 in homogeneous currency as of December 31, 2024, updated to AR$ 104,868,854,117 in current homogeneous currency.
How much is Installment 3 of BBVA Argentina (BBAR) dividend per share?
Installment 3 totals AR$ 3,507,392,436, equal to AR$ 17.1155534650 per share, paid on 33.4455536188% of the share capital that did not choose payment in BOPREAL.
What are the record and payment dates for BBVA Argentina (BBAR) Installment 3 dividend?
The Cut-Off Date (record date) is August 26, 2025, and the Pay-Out Date is August 29, 2025, when the dividend becomes payable.
How will resident and non-resident shareholders of BBVA Argentina (BBAR) be paid?
Resident shareholders will receive the dividend in pesos. Non-resident shareholders who opted for BOPREAL will receive bonds once the central bank settles the tender, while those who did not opt for BOPREAL will be paid in pesos.
How do holders of BBVA Argentina (BBAR) American Depositary Shares get the dividend?
Holders of American Depositary Shares (ADS) will receive payment through the depositary bank, Bank of New York Mellon, on cut-off and payment dates determined by the rules of the jurisdiction where the ADSs are listed.
What tax withholdings apply to the BBVA Argentina (BBAR) dividend?
The dividend is subject to a 7% withholding under article 97 of the Income Tax Law (2019 text). Where applicable, amounts already paid by the bank as Substitute Responsible for Personal Property Tax for the 2024 period will be taken into account.
Where is the BBVA Argentina (BBAR) cash dividend paid in Argentina?
Payment in Pesos is made via Caja de Valores S.A. at 25 de Mayo 362, Autonomous City of Buenos Aires, on business days from 10:00 a.m. to 3:00 p.m., following regulatory settlement deadlines.
