Central Puerto to pay $164 per share extraordinary dividend
Central Puerto S.A. monetizes its AbraSilver stake and channels the gain into a large extraordinary cash dividend with optional U.S. dollar payment for foreign holders.
Rhea-AI Filing Summary
Central Puerto S.A. (CEPU) reported that, after determining its equity interest in AbraSilver Resource Corp. was no longer strategic, it sold 100% of its shareholding in AbraSilver. The transaction generated proceeds of C$228,406,885 versus an original investment of C$35,741,477, resulting in a gain of C$192,665,408, already recognized in its financial statements.
Using these funds, the board approved a partial reversal of the Optional Reserve for the Payment of Dividends and declared an extraordinary cash dividend of $247,344,290,288, equivalent to $164.00 per share, based on audited earnings as of December 31, 2025. The dividend will be paid in pesos on September 25, 2026 to shareholders of record on September 18, 2026. Foreign shareholders may elect to receive the dividend in U.S. dollars abroad, subject to access to the MULC, by notifying Caja de Valores S.A. during the stated exercise period, and the distribution will be subject to applicable Argentine tax withholdings, including a 7% income tax withholding where applicable.
Positive
- Sale of the AbraSilver stake generated a substantial C$192,665,408 gain, strengthening reported earnings.
- The company declared an extraordinary cash dividend of $247,344,290,288, equal to $164.00 per share, distributing realized profits to shareholders.
- Foreign shareholders are offered an option to receive the dividend in U.S. dollars abroad, subject to access to the MULC.
Negative
- None.
Key Figures
Key Terms
Optional Reserve for the Payment of Dividends financial
extraordinary cash dividend financial
MULC financial
Personal Property Tax regulatory
substitute obligor regulatory
Foreign Exchange Regulations (Texto Ordenado de Exterior y Cambios) regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What asset did CEPU sell and why?
How much did CEPU receive from the AbraSilver sale?
What extraordinary dividend did CEPU declare from these funds?
When are the record date and payment date for CEPU’s dividend?
What tax withholdings apply to CEPU’s dividend?
AI-generated analysis. How Rhea-AI works. Not financial advice.