Business Context and Reporting Period
This Form 6-K filing by Grupo Supervielle S.A. (Supervielle Group S.A.) reports a relevant fact regarding an own share repurchase program. The report covers transactions executed on October 19, 2022, and was filed on October 20, 2022. The Company operates in Argentina and trades Class B common shares on BYMA and American Depositary Receipts (ADRs) on the NYSE.
Key Financial Metrics
This filing does not contain general financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial data provided relates to the specific share repurchase transactions:
- BYMA Transaction: 35,242 Class B shares purchased at AR$111.9329862 per share for a total of AR$3,944,742.29.
- NYSE Transaction: 37,402 ADRs (equivalent to 187,010 Class B shares) purchased at US$1.81730 per ADR for a total of US$67,970.65.
- Total Repurchased: 222,252 Class B shares equivalent.
Material Changes
The filing details the execution of share buybacks under an existing Acquisition of Own Shares Program. This program was originally communicated on July 21, 2022, and modified on September 14, 2022. The filing does not provide comparative data against prior periods for these specific transactions or general financial performance.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the disclosure of the share repurchase activity itself. The transaction was conducted in compliance with Article 64 et seq. of Law 26,831 and regulations of the National Securities Commission (CNV).
Investor Verification Checklist
- Verify the total number of shares repurchased (222,252 Class B equivalents) against the Company's authorized buyback limit.
- Confirm the settlement dates (October 21, 2022) for both BYMA and NYSE transactions.
- Review the September 14, 2022 modification of the buyback program terms to ensure these transactions comply with updated conditions.
- Check subsequent filings for the impact of these repurchases on the Company's outstanding share count and capital structure.