Banco Macro (BMA) moves ahead with AR $40.6B ninth cash dividend instalment
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.