[6-K] GRUPO FINANCIERO GALICIA SA Current Report (Foreign Issuer)
Rhea-AI Filing Summary
Grupo Financiero Galicia S.A. announced a cash dividend totaling Ps. 41,777,056,911.19, equivalent to Ps. 26.0090022870789 per share with a face value of Ps. 1.00, described as 2,600.9002% of the Company’s capital stock as of April 7, 2026.
The dividend will be paid to shareholders of record on April 10, 2026, with a payment date of April 15, 2026 (or as required by local listing laws). Payments will be processed via Caja de Valores S.A., while ADR holders will receive payment through The Bank of New York Mellon. Amounts will be reduced by Personal Asset Tax payments and a 7% withholding tax under Argentine Income Tax Law.
Positive
- None.
Negative
- None.
Insights
Galicia declares a sizeable peso cash dividend with standard Argentine tax treatment.
Grupo Financiero Galicia is distributing a cash dividend of Ps. 41.78 billion, or about Ps. 26.01 per share. The notice ties this decision to shareholder approval from the April 29, 2025 meeting, signaling this payout implements a previously authorized distribution.
The dividend is subject to Argentine Personal Asset Tax offsets and a 7% withholding tax under Articles 97 and 193 of the Income Tax Law, which reduces net cash to investors. ADR holders receive payment via The Bank of New York Mellon after conversion rules and foreign currency regulations are applied.
Operationally, distribution through Caja de Valores S.A. and compliance with listing rules clarify mechanics rather than economics. The filing focuses on execution details—record date, payment date, tax and custody channels—without discussing earnings or capital impact, so the broader financial implications would need to be inferred from other disclosures.
Key Figures
Key Terms
Record date financial
Payment date financial
Personal Asset Tax financial
withholding tax financial
American Depositary Receipts financial
depositary financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
