Grupo Financiero Galicia (GGAL) announces eighth 2024 dividend
Rhea-AI Filing Summary
Grupo Financiero Galicia S.A. reports that its main subsidiary, Banco de Galicia y Buenos Aires S.A., has made the eighth installment of its cash dividend for fiscal year 2024 available to shareholders. The payment totals ARS 39.464.628.153,79 and is distributed in proportion to each shareholder’s holdings.
The dividend is based on accumulated results for the year ended December 31, 2024 and was authorized by the Argentine Central Bank through Resolution RESOL-2025-137-E-GDEBCRASEFYC#BCRA. A 7% withholding tax applies under Argentine Income Tax Law, and payments are processed via the Bank’s Securities Department in Buenos Aires.
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FAQ
What dividend did Grupo Financiero Galicia (GGAL) announce in January 2026?
Grupo Financiero Galicia announced that its main subsidiary, Banco de Galicia, made the eighth cash dividend installment for fiscal 2024 available, totaling ARS 39.464.628.153,79. The dividend is paid proportionally to each shareholder’s stake in the bank, following the previously established schedule.
Which fiscal year does Banco de Galicia’s eighth dividend installment relate to?
The eighth dividend installment from Banco de Galicia relates to the fiscal year ended December 31, 2024. It is based on accumulated results for that period and follows prior installments under the same dividend schedule, as authorized by the Argentine Central Bank.
How large is Banco de Galicia’s eighth 2024 cash dividend?
The eighth cash dividend installment announced by Banco de Galicia amounts to ARS 39.464.628.153,79. This sum is distributed among shareholders according to their ownership percentage in the bank, forming part of the overall dividend payments tied to fiscal year 2024 earnings.
Is there withholding tax on Banco de Galicia’s 2024 dividend payment?
Yes. The dividend payment is subject to a 7% withholding tax under Articles 97 and 193 of the Argentine Income Tax Law. This tax is applied to the cash dividend installment of ARS 39.464.628.153,79 distributed to Banco de Galicia shareholders for fiscal year 2024.
When did Banco de Galicia’s eighth 2024 dividend installment become available?
The eighth 2024 dividend installment became available as from January 30, 2026, the date of the company’s communication. From that date, shareholders can receive their proportional cash payments through the bank’s designated Securities Department in Buenos Aires.
