CRESUD INC. Form 6-K Summary
Business Context and Reporting Period
CRESUD S.A.C.I.F. and A. (CRESUD Inc.) filed this Form 6-K on December 13, 2024, reporting a share repurchase transaction executed on December 12, 2024, and settled on December 13, 2024. The company is incorporated in Argentina and trades on NASDAQ (CRESY) and BYMA (CRES).
Key Financial Metrics
This filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to a specific share buyback transaction:
- Transaction Date: December 12, 2024
- Settlement Date: December 13, 2024
- Shares Repurchased: 366,949
- Price per Share: ARS 1,480.3271
- Total Amount: ARS 543,204,555.00
Material Changes and Program Status
As of December 13, 2024, the company has repurchased a cumulative total of 3,662,623 common shares. This volume represents approximately 80.45% of the total shares approved under the company's share repurchase program.
Guidance, Outlook, and Risks
The filing text does not provide updated financial guidance, management commentary on future outlook, specific risk factors, contingencies, or unusual items beyond the execution of the share repurchase program.
Investor Verification Checklist
- Verify the total number of shares authorized under the original repurchase program to confirm the remaining 19.55% capacity.
- Confirm the current market price of CRESUD shares relative to the ARS 1,480.3271 repurchase price.
- Review the company's most recent 20-F or quarterly reports for comprehensive liquidity and debt metrics not included in this 6-K.