Business Context and Reporting Period
Company: Macro Bank Inc. (Banco Macro S.A.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: December 1, 2011
Context: The filing reports a relevant event submitted to the Comisión Nacional de Valores (CNV) in Buenos Aires regarding the repurchase of the company's own Class B Common Stock.
Key Financial Metrics
This filing does not contain comprehensive financial statements (revenue, profit, cash flow, or debt). It reports a specific capital transaction:
- Shares Repurchased: 80,000 Class B Common Shares
- Par Value: Ps$. 1.00 per share
- Average Purchase Price: Ps$. 9.26 per share
- Total Aggregate Cost: Ps$. 740,410.62
Material Changes
The filing details a reduction in outstanding Class B shares through a treasury stock transaction. No comparative financial data or year-over-year changes in operating metrics are provided in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The transaction was executed under Section 68 of Law 17,811 (as amended by Decree 677/2001).
Investor Verification Checklist
- Verify the impact of the 80,000 share repurchase on total outstanding Class B shares.
- Confirm the current exchange rate between the Argentine Peso (Ps$) and USD to assess the transaction's value in reporting currency.
- Review the company's most recent Form 20-F for full financial statements, as this 6-K only covers a specific corporate action.
- Check for any subsequent filings regarding the retirement or re-issuance of these treasury shares.