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 executed on October 4, 2022. The report was filed on October 5, 2022, in compliance with Argentine securities regulations (Law 26,831) and the U.S. Securities Exchange Act of 1934.
Key Financial Metrics and Transaction Details
The filing details a specific share buyback transaction rather than providing comprehensive financial statements. The repurchase activity is summarized below:
| Market | Trade Date | Settlement Date | Price | Quantity | Class B Equivalent | Total Amount |
|---|---|---|---|---|---|---|
| BYMA (Argentina) | 10/4/2022 | 10/6/2022 | AR$119.487327 | 89,120 | 89,120 | AR$10,648,710.54 |
| NYSE (U.S.) | 10/4/2022 | 10/6/2022 | US$1.93050 | 32,652 ADRs | 163,260 | US$63,034.69 |
Total Class B Shares Repurchased: 252,380 (89,120 from BYMA + 163,260 from NYSE).
Note: The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for the period.
Material Changes and Program Context
This transaction was conducted under the Company's existing Acquisition of Own Shares Program. The program was originally communicated on July 21, 2022, and subsequently modified on September 14, 2022 (specifically regarding point 5 of the terms and conditions). The filing does not disclose material changes to the company's financial position compared to prior periods, as it is a transaction-specific report.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook for future periods. It strictly reports the execution of the share repurchase. No specific risks or contingencies are detailed in this document beyond the standard regulatory compliance context.
Investor Verification Checklist
- Program Status: Verify the remaining authorization limits and terms of the Acquisition of Own Shares Program following the September 14, 2022 modification.
- Currency Exposure: Note the dual-currency nature of the buyback (Argentine Pesos on BYMA and U.S. Dollars on NYSE) and its impact on the company's foreign exchange exposure.
- Share Count: Confirm the updated total number of outstanding Class B shares after the reduction of 252,380 shares.
- Financial Impact: Review the most recent Form 20-F or quarterly reports to assess the impact of this cash outflow on the company's overall liquidity, as this filing does not provide balance sheet context.