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 10, 2024, reporting a share repurchase transaction. The company is incorporated in Argentina and trades on NASDAQ (CRESY) and BYMA (CRES).
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It exclusively details a specific share buyback transaction.
- Transaction Date: December 9, 2024 (Trade) / December 10, 2024 (Settlement)
- Shares Repurchased: 329,020 common shares
- Price per Share: ARS 1,474.2145
- Total Amount Spent: ARS 485,046,070.00
- Cumulative Repurchases: 2,623,426 shares (approximately 56.95% of the approved program)
Material Changes
The filing reports a reduction in outstanding shares due to the execution of the company's share repurchase program. No other material changes to operations or financial position are disclosed in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is a routine disclosure of a completed market transaction.
Investor Verification Checklist
- Verify the total size of the approved share repurchase program to calculate the remaining authorized buyback capacity.
- Confirm the current market price of CRESUD shares relative to the ARS 1,474.2145 average price paid in this transaction.
- Review the company's most recent 20-F or 10-K filing for comprehensive financial statements, as this 6-K does not contain them.