Macro Bank (NYSE: BMA) pays AR$39.46B cash dividend installment 8
Rhea-AI Filing Summary
Macro Bank Inc. announced that Banco Macro S.A. will pay instalment No. 8 of its previously approved cash dividend totaling AR $ 39,464,628,153.79, equal to AR $ 61.7222815111 per share and representing 6172.2281% of the outstanding capital stock of AR $ 639,390,301. The payment is part of a series of 10 equal monthly instalments authorized by the Central Bank of the Republic of Argentina.
The dividend will be available starting January 29, 2026 to shareholders of record on January 28, 2026, and is subject to a 7% withholding under section 97 of the Income Tax Law as revised in 2019. Payments will be made through Caja de Valores S.A. in Buenos Aires, while holders of American Depositary Receipts will receive the dividend via The Bank of New York Mellon under the applicable depositary agreement.
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FAQ
What dividend did Macro Bank Inc. (BMA) announce in this 6-K?
Banco Macro S.A. will pay instalment No. 8 of its cash dividend, totaling AR $ 39,464,628,153.79, equivalent to AR $ 61.7222815111 per share and representing 6172.2281% of its outstanding capital stock of AR $ 639,390,301.
When are the record date and payment date for Banco Macro S.A.’s cash dividend?
The record date for the dividend is January 28, 2026, and the dividend will be available for payment starting January 29, 2026.
Is the Macro Bank (BMA) cash dividend subject to withholding tax?
Yes. The aggregate dividend amount Banco Macro S.A. will distribute is subject to a 7% withholding under section 97 of the Income Tax Law as revised in 2019.
How will Banco Macro S.A. shareholders in Argentina receive the cash dividend?
Shareholders in Argentina will receive the cash dividend through Caja de Valores S.A. at 25 de Mayo 362, Autonomous City of Buenos Aires, from Monday to Friday between 10 AM and 3 PM.
How will ADR holders of Macro Bank Inc. (BMA) receive the dividend?
Holders of American Depositary Receipts (ADRs) will receive the corresponding dividend through The Bank of New York Mellon, as depositary of the underlying Class B shares, in accordance with the applicable depositary agreement and rules of the listing jurisdiction.
What approvals allowed Banco Macro S.A. to pay this dividend installment?
The payment follows resolutions from the General and Special Shareholders’ Meeting on April 4, 2025, Communique “A” 8214 authorizing 10 equal monthly instalments, authorization by the Superintendency of Financial and Exchange Entities on June 4, and resolutions of the Board of Directors on January 14, 2026.