Business Context and Reporting Period
Company: Macro Bank Inc. (Banco Macro S.A.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Date: November 30, 2011
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, margins, debt, or liquidity). It reports specific transaction metrics related to a share repurchase:
- Shares Repurchased: 452,910 Class B Common Shares
- Par Value: Ps$. 1.00 per share
- Average Purchase Price: Ps$. 9.14 per share
- Total Aggregate Amount: Ps$. 4,138,551.20
Material Changes
The filing details a reduction in the number of outstanding Class B shares due to the acquisition of 452,910 shares by the Bank. No comparative financial data or prior period changes are provided in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The transaction was executed under Section 68 of Law 17,811 (as amended by Decree 677/2001).
Investor Verification Checklist
- Verify the impact of the 452,910 share repurchase on total outstanding Class B shares.
- Confirm the exchange rate used to convert the Ps$. 4,138,551.20 expenditure into USD for financial statement analysis.
- Review the company's latest Form 20-F for comprehensive financial performance and liquidity metrics not included in this 6-K.
- Check for any subsequent filings regarding the retirement or holding of these repurchased shares in treasury.