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. The report covers the transaction date of October 10, 2022, and was filed on October 11, 2022. The Company is an Argentine financial institution headquartered in Buenos Aires.
Key Financial Metrics
This filing does not contain comprehensive financial statements (revenue, profit, cash flow, or margins). It specifically details a capital transaction:
- Transaction Type: Repurchase of American Depositary Receipts (ADRs) on the NYSE.
- Price per ADR: US$1.80780.
- Quantity Repurchased: 13,737 ADRs.
- Class B Shares Equivalent: 68,685 shares.
- Total Amount Spent: US$24,833.75.
- Settlement Date: October 12, 2022.
Material Changes
The filing reports a specific execution of the Company's Acquisition of Own Shares Program. This program was originally communicated on July 21, 2022, and modified on September 14, 2022. The transaction represents a reduction in the Company's outstanding share count via the open market.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or discussion of risks and contingencies. The document is strictly a regulatory disclosure of a completed share buyback transaction 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 under the program since its inception on July 21, 2022.
- Confirm the remaining authorization limit for the Acquisition of Own Shares Program following this transaction.
- Check the Company's most recent Form 20-F for comprehensive financial performance metrics not included in this 6-K.
- Review the September 14, 2022 modification of the program terms to understand the current constraints on repurchases.