BBVA Argentina (BBAR) pays AR$3.8B dividend installment with BOPREAL option
Rhea-AI Filing Summary
Banco BBVA Argentina S.A. is paying the seventh of ten approved dividend installments, totaling AR$ 3,825,081,449, equal to AR$ 18.6658285991 per share on 33.4455536188% of the share capital represented by V/N 204,924,278 shares that did not choose payment in BOPREAL. The overall dividend originally approved was AR$ 89,413,163,000 in homogeneous currency as of December 31, 2024, restated to AR$ 114,367,750,901 using the latest CPI. Shareholders on the December 23, 2025 cut-off date will receive payment from December 30, 2025, with resident shareholders paid in pesos and eligible non-resident shareholders able to receive a single installment in BOPREAL bonds or, if they did not opt in, in pesos. ADS holders will be paid through Bank of New York Mellon, and dividends are subject to a 7% income tax withholding.
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FAQ
What dividend is BBVA Argentina (BBAR) paying in this 6-K?
BBVA Argentina is paying Installment 7 of 10 of a previously approved dividend, for a total of AR$ 3,825,081,449, equivalent to AR$ 18.6658285991 per share on 33.4455536188% of the share capital represented by V/N 204,924,278 shares.
What is the total dividend amount approved by BBVA Argentina (BBAR)?
The General Ordinary and Extraordinary Shareholders’ Meeting approved a dividend of AR$ 89,413,163,000 expressed in homogeneous currency as of December 31, 2024, which is updated to AR$ 114,367,750,901 as of the current date using the latest CPI from INDEC.
When are the record date and payment date for BBVA Argentina’s Installment 7 dividend?
The cut-off (record) date is December 23, 2025, and the payment date is December 30, 2025. Only shareholders registered on the cut-off date will be considered for payment of this dividend installment.
How will resident and non-resident BBVA Argentina (BBAR) shareholders receive this dividend?
Resident shareholders will receive the dividend in pesos through Caja de Valores S.A. Non-resident shareholders who opted to use dividends to subscribe Bonds for the Reconstruction of a Free Argentina (BOPREAL) will be paid on the date the BCRA settles the tender; those who did not opt for BOPREAL will be paid in pesos.
How are BBVA Argentina (BBAR) ADS holders paid this dividend?
Holders of American Depositary Shares (ADS) will receive dividend payments through the depositary bank, Bank of New York Mellon, according to the rules of the jurisdiction where the ADSs are listed. Cut-off and payment dates for ADSs may differ from the local dates.
What tax withholding applies to BBVA Argentina’s dividend?
The dividends are subject to a 7% withholding under article 97 of the Income Tax Law, text ordered in 2019. In addition, amounts paid by the Bank as Substitute Responsible for the Personal Property Tax for the 2024 period may be deducted from the distribution where applicable.
