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 5, 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: 24,401 Class B Common Shares
- Par Value: Ps$. 1.00 per share
- Average Purchase Price: Ps$. 3.15 per share
- Total Aggregate Amount: Ps$. 76,863.15
Material Changes
The filing details a reduction in outstanding Class B Common Stock through a share buyback. No comparative financial data or material changes in operating performance versus prior periods are provided in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The transaction was executed in compliance with Section 68 of Law 17,811 and CNV General Resolution Number 368.
Investor Verification Checklist
- Verify the total number of Class B shares outstanding post-repurchase.
- Confirm the source of funds used for the Ps$. 76,863.15 repurchase.
- Review the company's broader share buyback program status, if applicable.
- Check subsequent filings for any additional repurchases or changes in capital structure.