1. Banco Macro announces a share buyback program of up to Ps. 225 billion. 2. Board cites macroeconomic conditions and share price fluctuations as reasons. 3. Up to 30 million shares can be repurchased at a maximum price of Ps. 7,500 each. 4. Acquisition period set for 60 days, subject to extension. 5. Daily buybacks limited to 25% of average transaction volume over the past 90 days.
Share buybacks often signal confidence in company valuation and can increase share price. Past examples, like successful buyback programs at other banks, show share appreciation typically follows.
The share buyback program directly impacts BMA's financials and investor sentiment, likely leading to increased demand for shares.
The immediate effect of a buyback program on stock price usually manifests within the acquisition period. Investors may react positively, leading to price increases over the next few months.
BUENOS AIRES, Argentina, Oct. 8, 2025 /PRNewswire/ -- Banco Macro S.A. (NYSE: "BMA"; ByMA: "BMA") ("Banco Macro" or the "Bank") announces today that the Board of Directors of the Bank has decided to establish the terms and conditions for the repurchase of shares issued by the Bank, in accordance with Article 64 of Law No 26,831 and Rules of the CNV (Comisión Nacional de Valores)
This decision has been adopted based on the current domestic and international macroeconomic context and the fluctuations in the capital market in general, which has materially affected the price of domestic shares, including the quotation of the shares of the Bank. In addition, the Board of Directors has taken into consideration the financial strength of the Bank and its liquidity.
Therefore, the Board of Directors has decided to establish the following terms and conditions for the acquisition of shares issued by the Bank:
Maximum amount of the investment: Up to Ps.$ 225,000,000,000
Maximum number of shares to be acquired: Up to 30,000,000 Class B, common book-entry shares of par value AR$ 1 (one Argentine Peso) per share and entitled to 1 (one) vote each, which amount is within the Bank's 10% capital stock limit established in accordance with the applicable provisions currently in force.
Maximum payable price: Up to Ps. $ 7,500 per share.
Term for the acquisition: 60 calendar days, from the date following the publication date of the relevant information in the Bulletin of the Buenos Aires Stock Exchange, subject to any further renewal or extension, which shall be duly informed to the public in such Bulletin.
Finally, it is informed that in order to comply with the current regulations that establish that the amount of acquisitions made in one day may not exceed 25% of the average daily transaction volume of the shares during the 90 business days prior to the repurchase, the Bank will consider, as it has done in previous situations, the consolidated volume of all the markets in which it operates, both local and international.
This press release may include statements concerning potential future events involving Banco Macro that could differ materially from the events that actually occur. The differences could be caused by a number of risks, uncertainties and factors relating to Banco Macro's business. Banco Macro will not update any forward-looking statements made in this press release to reflect future events or developments.
IR Contact in Buenos Aires:
Jorge Scarinci | Chief Financial Officer
Nicolás A. Torres | Investor Relations
E-mail: investorelations@macro.com.ar | Phone: (54 11) 5222 6682
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SOURCE Banco Macro S.A.