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 24, 2011
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 margins). It details a specific share repurchase transaction:
- Shares Repurchased: 65,646 Class B Common Shares
- Par Value: Ps$. 1.00 per share
- Average Purchase Price: Ps$. 8.92 per share
- Total Aggregate Amount: Ps$. 585,661.70
Note: The filing text does not provide clear values for total debt, liquidity, or operating margins.
Material Changes
The filing documents a reduction in the number of outstanding Class B shares due to the treasury stock acquisition. No comparative financial data or year-over-year changes are provided in this specific document.
Guidance, Outlook, and Risks
The filing contains no management commentary, future guidance, or discussion of risks and contingencies. The transaction was executed under Section 68 of Law 17,811 (as amended by Decree 677/2001).
Investor Verification Checklist
- Verify the impact of the 65,646 share repurchase on total outstanding Class B shares.
- Confirm the exchange rate used to convert the Ps$. 585,661.70 expenditure to USD for consolidated reporting.
- Review the company's full Form 20-F for comprehensive financial health metrics not included in this 6-K.
- Check for any subsequent filings regarding the retirement or re-issuance of these treasury shares.