Business Context and Reporting Period
Company: Macro Bank Inc. (Banco Macro S.A.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: November 24, 2008
Context: The filing reports a relevant event submitted to the Comisión Nacional de Valores (CNV) in Argentina 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 metrics. It reports a specific capital transaction:
- Shares Repurchased: 380,676 Class B Common Shares
- Par Value: Ps$. 1.00 per share
- Average Purchase Price: Ps$. 2.800 per share
- Total Aggregate Cost: Ps$. 1,065,924.73
Material Changes
The filing details a reduction in outstanding Class B shares through a treasury stock transaction. No comparative financial data or changes in operating metrics versus prior periods are provided in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The transaction was executed in compliance with Section 68 of Law 17,811 and CNV General Resolution Number 368.
Investor Verification Checklist
- Verify the total number of Class B shares remaining outstanding after this repurchase.
- Confirm the source of funds used for the Ps$. 1,065,924.73 repurchase.
- Check subsequent filings for any further share buybacks or changes in capital structure.
- Review the full 20-F annual report for comprehensive financial performance data not included in this 6-K.