Cresud Sociedad Anónima Comercial Inmobiliaria Financiera y Agropecuaria : Shares Buyback Program - Maximum Price Modification
January 13, 2023 at 05:20 pm
Share
The Company reported that its Board of Directors has decided to modify the acquisition price of its own shares
It was established a maximum value of USD 8.50 per ADS and up to a maximum value in pesos of ARS 305 per share, maintaining the remaining terms and conditions duly communicated.
As of this date, the Company has repurchased the equivalent of 3,416,729 common shares that represent approximately 16.44% of the approved program.
Cresud S.A.C.I.F. y A. published this content on 13 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2023 17:19:06 UTC.
Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is involved in farming activities, cattle raising, leasing land to third parties and perform agency and agro-industrial services, including a meat packing plant. Operations Center Argentina is engaged in the development, acquisition and operation of shopping malls, offices and hotels, among others, in Argentina, and owns selective investments outside Argentina. Operations Center Israel includes real estate activities in Israel and abroad, supermarket chain management and telecommunications services, both locally, as well as is engaged in the insurance, pension and provident funds, among others.
CRESUD SOCIEDAD ANÓNIMA, COMERCIAL, INMOBILIARIA, FINANCIERA Y AGROPECUARIA 
