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 25, 2008
Context: The filing reports a relevant event submitted to the Comisión Nacional de Valores (CNV) in Buenos Aires 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 transaction:
- Shares Repurchased: 1,000 Class B Common Shares
- Par Value: Ps$. 1.00 per share
- Average Repurchase Price: Ps$. 2.940 per share
- Total Aggregate Amount: Ps$. 2,940.00
Material Changes
The filing details a reduction in the number of outstanding Class B shares due to the treasury stock acquisition. No comparative financial data or material changes in operating performance versus prior periods are provided in this document.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The transaction was executed in compliance with Section 68 of Law 17,811 and CNV General Resolution Number 368.
Investor Verification Checklist
- Verify the total number of Class B shares outstanding post-repurchase.
- Confirm the exchange rate used to convert the Ps$. 2,940.00 transaction value to USD for financial statement impact.
- Review the company's broader share repurchase program to determine if this was an isolated transaction or part of a larger strategy.
- Check subsequent filings for any additional share buybacks or capital structure changes.