Argentine Bank Macro Ends Brazilian Telecom ADR Program Worth $104,000

Rhea-AI Filing Summary

Banco Macro (NYSE: BMA) has filed a Form 6-K to announce the cancellation of its CEDEAR (Argentine Depositary Receipt) program for Telecomunicacoes Brasileiras S.A. (TELEBRÁS) preferred shares. The cancellation details include:

• CEDEAR Type: TELEBRAS PN RCTB41 PREF ESCRIT CV
• Program Code: 8003
• ISIN: ARITAU110094
• Payment Date: June 19, 2025
• Record Date: June 18, 2025
• Number of CEDEARs: 3,639
• Total Value: USD 104,000
• Payable Ratio: USD 28.579280022 per CEDEAR

The filing was submitted by Jorge F. Scarinci, who serves as both Head of Market Relations and Chief Financial Officer. The cancellation follows a previous announcement made on April 9, 2025 (ID #3344378), with payments to be processed through Caja de Valores S.A.

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

 

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

June 24, 2025

 

 

 

Commission File Number: 001-32827

 

 

 

MACRO BANK INC.

(Translation of registrant’s name into English)

 

 

 

Av. Eduardo Madero 1182

Buenos Aires C1106ACY

Tel: 54 11 5222 6500

 

(Address of registrant’s principal executive offices)

 

 

 

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 o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes o No x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes o No x

 

 

 

 

 

  

INDEX

 

Translation of a submission from Banco Macro to the CNV dated on June 23, 2025.

 

 

 

 

Autonomous City of Buenos Aires, June 23rd 2025

 

To

Comisión Nacional de Valores

Bolsas y Mercados Argentinos S.A.

A3 Mercados S.A.

 

Re.: Relevant Event – Cancellation CEDEARs TELECOMUNICACOES BRASILEIRAS S.A. – TELBRÁS Program.

 

Dear Sirs,

 

I write to you in my capacity as Head of Market Relations of Banco Macro S.A. in connection with the above captioned matter and our publication made on April 9^th 2025 (ID #3344378) in order to inform the cancellation of the Cedear Program as described below:

 

TYPE: Cedear TELEBRAS PN RCTB41 PREF ESCRIT

CV CODE: 8003

ISIN: ARITAU110094

PAYMENT DATE: 06/19/2025

PLACE OF PAYMENT: CAJA DE VALORES S.A.

RECORD DATE: 06/18/2025

NUMBER OF CEDEAR: 3639

VALUE IN U$S: USD 104,000

PAYABLE RATIO IN U$S: 28.579280022

 

Sincerely,

 

Jorge F. Scarinci

Head of Market Relations

 

 

 

 

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, thereto duly authorized.

 

Date: June 24, 2025

 

 

 	MACRO BANK INC.		 
 	 	 	 
 	 	 	 
 	By:	/s/ Jorge F. Scarinci	 
 	Name: Jorge F. Scarinci		 
 	Title: Chief Financial Officer		 

  

 

FAQ

What CEDEAR program did Banco Macro (BMA) cancel in June 2025?

Banco Macro (BMA) announced the cancellation of the CEDEAR program for TELECOMUNICACOES BRASILEIRAS S.A. – TELBRÁS (TELEBRAS PN RCTB41 PREF ESCRIT CV) with code 8003 and ISIN ARITAU110094.

What is the total value of BMA's TELEBRAS CEDEAR cancellation in 2025?

The total value of the CEDEAR cancellation was USD 104,000, with a payable ratio of 28.579280022 USD per CEDEAR, affecting 3,639 CEDEARs.

When is the payment date for BMA's TELEBRAS CEDEAR cancellation?

The payment date for the TELEBRAS CEDEAR cancellation is June 19, 2025, with a record date of June 18, 2025. The payment will be made through CAJA DE VALORES S.A.

Who is the Head of Market Relations at Banco Macro (BMA) in 2025?

Jorge F. Scarinci serves as both the Head of Market Relations and Chief Financial Officer at Banco Macro (BMA) as of June 2025.