Central Puerto (NYSE: CEPU) cancels 252,034 treasury shares, sets new capital
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Central Puerto S.A. (CEPU) reports the automatic cancellation of 252,034 common shares that had been held as treasury stock under its share repurchase plan. These shares were originally bought between October 20 and November 23, 2022 and were never reallocated or disposed of, which triggered automatic cancellation under Argentine capital markets regulations.
Following this cancellation, the company’s share capital is reduced and now amounts to AR$ 1,513,770,222, represented by 1,513,770,222 common shares, each with a nominal value of AR$ 1 and one vote per share. The Board of Directors has decided to register this share capital reduction with the Public Registry, formalizing the smaller number of outstanding shares.
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FAQ
What did Central Puerto S.A. (CEPU) announce in this Form 6-K?
Central Puerto S.A. announced the automatic cancellation of 252,034 common shares that had been held as treasury stock, leading to a reduction of its share capital and a new total of 1,513,770,222 common shares outstanding.
What corporate step will Central Puerto take following the capital reduction?
The Board of Directors resolved to proceed with the registration of the share capital reduction with the Public Registry, which will formalize the new, lower share capital in official records.
