CRESUD S.A.C.I.F. y A. announces its results for the first quarter of Fiscal Year 2027 ended September 30, 2026
Nov 10, 2026, 9:39 AM EST1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The approved distribution will transfer cash and equity to shareholders, reducing company cash reserves and converting part of the payout into IRSA shares; the direct effect is on cash flow and shareholder equity composition. Impact magnitude depends on payment/record mechanics and currency conversion.
AI summary
What happened, with direct paths to the underlying reporting
Cresud's shareholders approved a dividend distribution of ARS 116,000 million (ARS 81,200m cash + ARS 34,800m in IRSA shares).
On October 22, 2026, the Shareholders' Meeting approved a dividend distribution of ARS 116,000 million.
The distribution consists of ARS 81,200 million in cash and ARS 34,800 million in IRSA shares (~9% dividend yield).
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