Grupo Supervielle (NYSE: SUPV) cancels Class B treasury shares
Rhea-AI Filing Summary
Grupo Supervielle S.A. reports that 472,987 Class B common shares held in treasury were automatically cancelled under Argentine capital markets rules. These shares, originally acquired between August 3 and August 12, 2022, were cancelled after remaining in the Company’s portfolio for three years without being disposed of, as required by Article 67 of Capital Markets Law No. 26,831.
Following this cancellation, the share capital of Grupo Supervielle 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, each Class B share carrying one vote.
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Insights
Grupo Supervielle trims share capital as treasury Class B shares expire under Argentine law.
Grupo Supervielle confirms the automatic cancellation of 472,987 Class B treasury shares after they remained in the Company’s portfolio for three years without being disposed of. This action follows Article 67 of Capital Markets Law No. 26,831, which sets a time limit for holding repurchased shares before they must be cancelled.
The cancellation reduces the Company’s share capital by the nominal value of the cancelled shares and slightly lowers the overall share count. After this adjustment, share capital stands at
From a governance and compliance perspective, the move aligns the capital structure with local regulatory requirements and formalizes the outcome of prior share repurchases conducted between
