Business Context and Reporting Period
Company: Macro Bank Inc. (Banco Macro S.A.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: February 15, 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 shares.
Key Financial Metrics
This filing does not contain comprehensive financial statements (revenue, profit, cash flow, margins, debt, or liquidity). It reports a specific capital transaction:
- Shares Repurchased: 58,000 American Depositary Shares (ADSs)
- Average Price: USD 22.00 per ADS
- Total Aggregate Amount: USD 1,276,000
Material Changes
The filing discloses a reduction in outstanding shares through a share buyback program. No comparative financial data or material changes to operating results 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 ADSs remaining outstanding after this repurchase.
- Confirm if this transaction was part of a larger, authorized share repurchase program and the remaining authorization limit.
- Review the company's most recent Form 20-F for full financial statements, as this 6-K only covers a specific corporate action.