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 12, 2024, reporting a share repurchase transaction executed on December 11, 2024, and settled on December 12, 2024. The company is incorporated in the Republic of Argentina and trades on NASDAQ (CRESY) and BYMA (CRES).
Key Financial Metrics
This filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to the specific share repurchase transaction:
- Shares Repurchased: 250,000 common shares
- Price per Share: ARS 1,476.4313
- Total Transaction Amount: ARS 369,107,835.00
Material Changes and Program Status
The company reported progress on its approved share repurchase program. As of December 12, 2024, CRESUD has repurchased a total of 3,295,674 common shares. This volume represents approximately 72.09% of the total shares authorized under the approved program.
Guidance, Outlook, and Risks
The filing text does not provide updated financial guidance, management commentary on future outlook, specific risk factors, or details on contingencies beyond the execution of the share buyback.
Key Facts for Investor Verification
- Verify the total size of the approved share repurchase program to confirm the remaining 27.91% of authorized shares.
- Confirm the current market price of CRESUD shares relative to the repurchase price of ARS 1,476.4313.
- Review the company's most recent 20-F or quarterly reports for comprehensive liquidity and debt metrics, as they are not included in this 6-K.