Business Context and Reporting Period
This Form 6-K filing by Grupo Supervielle S.A. reports a relevant fact regarding an own share repurchase program. The report covers the transaction date of October 7, 2022, with the filing submitted on October 11, 2022. The company operates under the regulatory framework of the Argentine National Securities Commission (CNV) and the U.S. Securities Exchange Act of 1934.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. It focuses exclusively on a specific capital allocation transaction:
- Transaction Type: Repurchase of American Depositary Receipts (ADRs) on the NYSE.
- Settlement Date: October 12, 2022.
- Price per ADR: US$1.84740.
- Quantity Repurchased: 21,022 ADRs.
- Class B Shares Equivalent: 105,110 shares.
- Total Amount Spent: US$38,836.04.
Material Changes
The filing details a specific execution of the Acquisition of Own Shares Program previously communicated on July 21, 2022, and modified on September 14, 2022. There is no comparative financial data provided in this document to assess material changes in operational performance versus prior periods.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future outlook, or discussion of risks and contingencies beyond the execution of the authorized share buyback program. The transaction was conducted in compliance with Article 64 et seq. of Law 26,831.
Investor Verification Checklist
- Verify the total remaining authorization under the Acquisition of Own Shares Program following this repurchase.
- Confirm the impact of the 105,110 Class B share reduction on total outstanding share count.
- Review the September 14, 2022 modification of the program terms to ensure this transaction adhered to updated conditions.
- Check subsequent filings for further repurchase activity or changes in the program status.