IRSA INVESTMENTS & REPRESENTATIONS INC Chief Investment Officer Jorge Alberto Cruces reported an open-market sale of 24,913 common shares at $1.53 per share. After this transaction, he reported holding 0 shares directly.
The reported U.S. dollar price reflects an Argentine peso price of ARS 2,400 per ordinary share, using an implied exchange rate of 1,567.3575 ARS per 1.00 USD and a ratio of 10 ordinary shares per 1 American Depositary Share listed on the NYSE.
IRSA Inversiones y Representaciones Sociedad Anónima filed Amendment No. 1 to its Form 20-F for the year ended June 30, 2025. The amendment adds separate consolidated financial statements of Banco Hipotecario S.A., including unaudited statements for the year ended December 31, 2025 and audited statements for 2024, as required by Rule 3-09 of Regulation S-X because Banco Hipotecario was a significant subsidiary for the fiscal year ended June 30, 2024.
The amendment also includes updated CEO and CFO certifications and an exhibit index, but it does not revise or update any other disclosures in the original 2025 Form 20-F. The company reports 762,520,793 common shares outstanding as of the period covered by the annual report.
IRSA Inversiones y Representaciones S.A. reports it has signed a barter agreement related to its “Ramblas del Plata” real estate project. The deal covers a new lot of 6,947 square meters with an estimated total saleable area of 17,500 square meters.
The transaction is valued at USD 14.175 million, to be received through an upfront cash payment and additional saleable square meters in the future. IRSA plans to continue infrastructure works on the Ramblas del Plata site while moving forward with agreements to commercialize the project.
IRSA Inversiones y Representaciones Sociedad Anónima reports the upcoming payment of interest and principal on its Fixed Rate Series XIV Notes due 2028. These notes currently have a nominal value of USD 103,292,263, after prior partial cancellations in March 2025 and April 2025.
Starting on June 22, 2026, IRSA will pay the eighth interest installment and the third capital installment for the period from December 22, 2025 to June 22, 2026. The notes bear an annual nominal interest rate of 8.75%, with this payment including USD 2,937,373.73 in interest and USD 18,076,146.03 in principal, both in U.S. dollars.
Following this payment, capital outstanding on the Series XIV Notes will be USD 67,139,970.95. Interest will be paid to holders registered as of June 19, 2026, and The Bank of New York Mellon acts as payment agent.
IRSA Investments & Representations Inc. insider Eduardo S. Elsztain reported an indirect cashless exercise of warrants into common shares through CRESUD S.A.C.I.F. y A. On May 12, 2026, warrants to purchase 9,710,622 common shares were exercised at a cashless ratio of 1.3398, resulting in 13,010,290 common shares. Following the transactions, indirect holdings reported as common shares were 182,481,277, with Elsztain disclaiming beneficial ownership beyond his pecuniary interest.
IRSA Inversiones y Representaciones reported it has acquired the “Los Gallegos” shopping mall in Mar del Plata through the purchase of 100% of the entities that own the asset. The mall has about 10,500 sqm of gross leasable area with 49 stores, 14 stands, 2 movie theaters, a department store and 115 parking spaces.
The purchase price was USD 13.5 million, of which USD 12.5 million was paid at closing and USD 1 million was retained as collateral. After this transaction, IRSA’s shopping mall portfolio totals 18 assets, 16 of them operated by the company, with more than 400,000 sqm of gross leasable area.
IRSA Inversiones y Representaciones Sociedad Anónima is issuing USD 50 million of Series XXV Notes in the Argentine local market. Investor demand reached a nominal USD 64,496,456, so bids were scaled back using a 60.0614% pro rata allocation factor. The notes carry a 3.75% annual interest rate, priced at 100% of face value, with semiannual interest payments. They will be issued and settled on June 8, 2026 and mature on June 8, 2027, with 100% of principal repaid at maturity. The company plans to use the proceeds mainly to refinance existing liabilities and support working capital in Argentina.
IRSA Inversiones y Representaciones Sociedad Anónima will make a scheduled payment on its Fixed Rate Series XX Notes. On June 10, 2026, the company will pay the fourth installment of interest and capital amortization on notes with a principal amount of USD 23,015,242, issued on June 10, 2024.
The notes carry an annual nominal interest rate of 6.00%. For the period from December 10, 2025 to June 10, 2026, IRSA will pay USD 688,565.60 in interest and USD 23,015,242 in capital, fully covering the outstanding principal. Caja de Valores S.A. acts as payment agent, and payments go to holders of record as of June 9, 2026.
IRSA Investments & Representations Inc CFO Matias Ivan Gaivironsky exercised warrants to acquire additional common shares. On 2026-05-12, he exercised derivative securities that resulted in receiving 174,198 Common Shares through a net, cashless exercise of 130,018 warrants, as described in the footnote.
Following these transactions, his direct holdings in Common Shares increased to 403,985 shares. The filing shows only acquisitions via derivative exercises, with no reported open‑market sales, and all exercised warrants in this filing were fully converted with none remaining outstanding.
IRSA Inversiones y Representaciones reports unaudited results for the nine months ended March 31, 2026, showing higher revenue and a sharp rebound in profitability in hyperinflation-adjusted pesos.
Group revenues reached ARS 464,366 million, up 4.2% year over year, driven mainly by rental and services income of ARS 289,430 million and hotel and tourism revenue of ARS 68,853 million. Adjusted EBITDA rose 3.5% to ARS 212,798 million, while Rental Adjusted EBITDA totaled ARS 232,327 million, including ARS 199,993 million from shopping malls, ARS 16,523 million from offices and ARS 15,811 million from hotels.
Net income for the period was ARS 239,741 million, versus ARS 46,497 million a year earlier, with profit attributable to equity holders of ARS 227,537 million. This swing reflects a positive ARS 30,231 million fair value adjustment on investment properties, net financial income of ARS 78,262 million and the impact of IAS 29 inflation accounting.
IRSA continued active asset management, including new barter and land-sale agreements, the acquisition of the Al Oeste shopping mall and a long-term lease at Soleil Premium Outlet. Operating cash flow reached ARS 118,767 million, while significant investment outlays and financial asset movements reduced cash and cash equivalents to ARS 54,472 million. Total borrowings stood at ARS 896,857 million and total shareholders’ equity at ARS 2,038,249 million.