Banco Macro pays AR $40.6B ninth dividend instalment
MACRO BANK INC., through Banco Macro S.A., announced it will pay instalment No. 9 of its previously approved cash dividend.
Rhea-AI Filing Summary
MACRO BANK INC., through Banco Macro S.A., announced it will pay instalment No. 9 of its previously approved cash dividend. This instalment totals AR $40,601,848,516.49, equal to AR $63.5008827206 per share and representing 6,350.0882% of the outstanding capital stock of AR $639,390,301. The dividend will be paid to shareholders of record as of 02/25/2026, with funds available starting 02/26/2026. The amount is subject to a 7% withholding under the Income Tax Law, and ADR holders will receive payment via The Bank of New York Mellon under the applicable depositary agreement.
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Insights
Banco Macro executes the ninth tranche of a large, pre-approved cash dividend.
Banco Macro S.A. is proceeding with instalment No. 9 of a cash dividend totaling AR $40.6B, or AR $63.5008827206 per share. The filing ties this payment to prior shareholder approval, central bank authorization via Communique “A” 8214, and a board resolution on February 18, 2026.
The dividend is part of 10 equal and consecutive monthly instalments expressed in constant currency, indicating an ongoing large distribution program rather than a one‑off event. The stated percentage of 6,350.0882% relates to an outstanding capital stock of AR $639,390,301, suggesting the nominal capital base is small relative to retained amounts being returned.
Investors receive the instalment net of a 7% withholding under the Income Tax Law as revised in 2019. Local shareholders are paid through Caja de Valores from 02/26/2026, while ADR holders are served via The Bank of New York Mellon according to depositary rules. Actual investor impact will depend on individual tax status and custody arrangements.
FAQ
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What dividend instalment is Banco Macro S.A. paying in this BMA 6-K?
What are the record date and payment date for Banco Macro’s latest dividend instalment?
Is Banco Macro’s cash dividend subject to Argentine income tax withholding?
How will Banco Macro (BMA) ADR holders receive this dividend instalment?
What regulatory approvals support Banco Macro’s ongoing dividend instalments?
AI-generated analysis. How Rhea-AI works. Not financial advice.