Core Points - Banco Macro S.A. has announced a share repurchase program in response to the current macroeconomic conditions and fluctuations in the capital market affecting its share price [1] - The Board of Directors has set a maximum investment amount of Ps. $225,000,000,000 for the repurchase [2] - The maximum number of shares to be acquired is up to 30,000,000 Class B common shares, which is within the Bank's 10% capital stock limit [2] - The maximum payable price for the shares is set at Ps. $7,500 per share [3] - The acquisition term is 60 calendar days, starting from the day after the publication of the relevant information in the Buenos Aires Stock Exchange Bulletin [3] - The Bank will adhere to regulations that limit daily acquisitions to 25% of the average daily transaction volume over the previous 90 business days [4]
Banco Macro S.A. Announces Share Buyback Program