Grupo Financiero Galicia (GGAL) schedules January 2026 dividend payment
Rhea-AI Filing Summary
Grupo Financiero Galicia S.A. has approved a cash dividend totaling Ps. 38,372,127,651.79, equal to Ps. 23.8892068911642 per share with a face value of Ps. 1.00, which represents 2,388.9207% of the Company’s capital stock as of the notice date. The dividend will be paid to shareholders registered on January 9, 2026, with a scheduled payment date of January 14, 2026, or such other date as required by local listing rules.
The Company will deduct from the dividend any Personal Asset Tax it pays on behalf of shareholders and will also apply a 7% withholding under the Argentine Income Tax Law. Payments to local shareholders will be made through Caja de Valores S.A. in Buenos Aires, while holders of ADRs will receive their dividends through The Bank of New York Mellon in accordance with applicable foreign currency conversion and listing rules.
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Insights
Large peso cash dividend declared, with Argentine tax withholdings and ADR mechanics specified.
Grupo Financiero Galicia S.A. is distributing a substantial cash dividend of Ps. 38,372,127,651.79, which equals Ps. 23.8892068911642 per share and 2,388.9207% of capital stock as of the notice date. Shareholders of record on January 9, 2026 are eligible, with payment scheduled for January 14, 2026, subject to local listing rules.
The company states that it will deduct any amounts paid for Personal Asset Tax and apply a 7% withholding under the Argentine Income Tax Law, which directly affects the net cash received by investors. Local shareholders will be paid via Caja de Valores S.A. during stated business hours in Buenos Aires, while ADR holders will receive payment through The Bank of New York Mellon once foreign currency conversion and jurisdictional rules are applied.
This action confirms a return of capital to shareholders following prior approval at a shareholders’ meeting held on April 29, 2025. The effective cash received will depend on each investor’s tax situation and, for ADR holders, on exchange and settlement mechanics defined by the depositary and applicable regulations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
