Macro Bank (NYSE: BMA) schedules AR$35.2B cash dividend installment
Rhea-AI Filing Summary
Macro Bank Inc. reports that Banco Macro S.A. will pay installment No. 3 of a cash dividend totaling AR$35,185,719,535.63. This corresponds to AR$55.0281228003 per share and represents 5,502.8122% of the stated capital stock of AR$639,413,408. The dividend will be available starting 08/28/2025 to shareholders of record on 08/27/2025, with a 7% withholding applied under the Income Tax Law. Holders of ADRs will receive payment through The Bank of New York Mellon under the applicable depositary agreement.
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Insights
Banco Macro schedules a large third cash-dividend installment with defined record and payment dates.
Banco Macro S.A., reported by Macro Bank Inc., is paying installment No. 3 of a previously approved cash dividend. The installment totals AR$35,185,719,535.63, equal to AR$55.0281228003 per share, and is stated as 5,502.8122% of capital stock of AR$639,413,408. This reflects a substantial nominal distribution relative to the stated capital base.
The payment will be made to shareholders of record as of 08/27/2025, with funds available from 08/28/2025. A 7% withholding applies under the Income Tax Law, so net cash to investors will be lower than the gross amount. ADR holders receive the dividend via The Bank of New York Mellon according to their depositary agreement, which channels the distribution to international investors.