Banco BBVA Argentina S.A. Announces Dividend Payment, Payable on June 11, 2024
June 05, 2024 at 11:07 am
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The Shareholders of Banco BBVA Argentina S.A. notified that, as resolved by the General Ordinary and Extraordinary Shareholders Meeting held on April 26, 2024, the authorization of the Argentine Central Bank Financial and Exchange Entities Authority obtained on May 3, 2024 and the Board of Directors meeting held on May 6, 2024, approved the payment of a dividend in the amount of ARS 264.227.684.640 expressed in homogeneous currency as of December 31, 2023. That amount in homogeneous currency is ARS 400,627,017,508. In this sense, Installment 2 will be made available and paid for the sum of ARS 48,608,661,500.42, that is, ARS 237.2030389704 per share, paid on 33.44555362% of the share capital that participates: V/N 204,924,278, which did not opt for payment in BOPREAL in the first installment. The payment will be made to its existing shareholders in the Bank's share registry as of June 6, 2024 ("Cut-Off Date") as of June 11, 2024 ("Payment
Date"), of a dividend.
Banco Bbva Argentina SA, formerly known as BBVA French Bank, is an Argentina-based banking institution. Through its banking platform, the Bank provides a broad range of financial and non-financial services to both individuals and companies. It manages three business lines: Retail Banking, Small and Medium-Sized Companies and Corporate and Investment Banking (C&IB). Retail Banking offers checking and savings accounts, time deposits, credit cards, loans, mortgages, insurance and investment products, among others. Small and Medium-Sized Companies targets local private-sector companies providing financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance and investment products, among others. C&IB offers financial services to corporations and multinational companies, as well as global transaction services, global markets solutions, long term financing, among others. The Bank is active locally, mostly.