Grupo Supervielle (NYSE: SUPV) cancels 472,987 Class B shares
Rhea-AI Filing Summary
Grupo Supervielle S.A. reports that 472,987 Class B common treasury shares, each with one vote, were automatically cancelled between August 3 and August 12, 2025, under Article 67 of Argentina’s Capital Markets Law after remaining in the company’s portfolio for three years without being disposed of.
These shares had originally been acquired between August 3 and August 12, 2022, and their cancellation is a regulatory requirement. Following this automatic cancellation, the company’s share capital was reduced by the nominal value of the cancelled shares. As of August 13, 2025, the new share capital amounts to Ps. 456,249,335, made up of 61,738,188 Class A shares and 394,511,147 Class B shares.
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FAQ
What corporate action did Grupo Supervielle (SUPV) disclose in this report?
Grupo Supervielle disclosed the automatic cancellation of 472,987 Class B common treasury shares, each carrying one vote, in line with Argentine capital markets regulations.
Why were 472,987 Class B treasury shares of Grupo Supervielle cancelled?
The 472,987 Class B treasury shares were cancelled because a three-year period had elapsed since their acquisition between August 3 and August 12, 2022, and they had not been disposed of as required by Article 67 of Capital Markets Law No. 26,831.
How did the cancellation of treasury shares affect Grupo Supervielle’s share capital?
As a result of the automatic cancellation, Grupo Supervielle’s share capital was reduced by the nominal value of the cancelled shares, in accordance with applicable regulations.
What is Grupo Supervielle’s new share capital and share structure after the cancellation?
Effective August 13, 2025, the new share capital amounts to Ps. 456,249,335, consisting of 61,738,188 Class A shares and 394,511,147 Class B shares.
Which classes of shares does Grupo Supervielle (SUPV) have outstanding after this change?
After the cancellation, Grupo Supervielle has Class A and Class B shares outstanding: 61,738,188 Class A shares and 394,511,147 Class B shares forming the stated share capital.
What legal framework governed the cancellation of Grupo Supervielle’s treasury shares?
The cancellation was carried out pursuant to Article 67 of Capital Markets Law No. 26,831 (as amended), which sets rules for holding and cancelling treasury shares in Argentina.
