US EditionBanco Macro S.A. Announces Share Buyback Program
7 Articles
7 Articles
The board of directors of Jorge Brito approved the acquisition of up to 30 million Class B shares, with a maximum price of $7,500 per paper and a 60-day execution period
Banco Macro reports that, at its Board of Directors meeting, it approved a program to repurchase its own shares issued by the entity in the local market, under the following main conditions: – Duration: 60 calendar days, counted from the date of publication of the information in the Bulletin of the Buenos Aires Stock Exchange, subject to possible renewals or extensions that will be reported in due course. – Maximum price per share: $7,500. – Max…
From the institution they have emphasized that the measure reflects confidence in the future of the bank and the solidity of its balance sheet
The president of the entity, Jorge Brito, said that the program approved by the Board "is feasible given the solidity of the balance sheet and excess capital resulting from accumulated results" Read more
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
