#Argentina #Buenos Aires #share buyback #Banco Macro

Banco Macro S.A. Unveils a Comprehensive Share Buyback Program

On October 8, 2025, Banco Macro S.A. (NYSE: 'BMA'; ByMA: 'BMA') announced an ambitious share buyback program designed to strengthen its market presence and support shareholder value in a fluctuating economic landscape. The decision came from the Bank's Board of Directors, who meticulously evaluated the current domestic and international macroeconomic conditions, as well as the challenges faced by the capital markets that have negatively impacted share pricing across the board.

As stated in the announcement, the share buyback program adheres to Article 64 of Law No. 26,831 and the regulations set forth by the CNV (Comisión Nacional de Valores). This legal framework underpins the Bank's initiative to purchase its own shares, ensuring compliance with existing financial regulations.

Details of the Buyback Program

The program details reveal a maximum investment sum of Ps.$ 225,000,000,000, allowing Banco Macro to repurchase up to 30,000,000 Class B common shares. These shares, valued at AR$ 1 each, will provide shareholders with a tangible return on their investments and reinforce confidence in the Bank's financial health. Notably, this undertaking will remain within the Bank's 10% capital stock limit, as outlined in the regulatory provisions.

The targeted repurchase price has been set at a maximum of Ps. $ 7,500 per share. This pricing strategy reflects the Bank’s commitment to providing value while navigating the sometimes volatile stock market conditions. The acquisition will occur over a span of 60 calendar days, immediately following the publication of the pertinent information in the Buenos Aires Stock Exchange Bulletin, with the potential for renewal or extension based on further assessments and market conditions.

In a bid to maintain transparency and meet regulatory compliance, the Bank will observe the guideline that restricts daily acquisitions to 25% of the average daily transaction volume over the past 90 business days leading up to the buyback. This careful approach illustrates Banco Macro's intention to act responsibly while making substantial market moves.

Rationale Behind the Initiative

The rationale for launching this buyback program is multifaceted. With ongoing fluctuations in the capital market, Banco Macro's leadership recognizes the critical need to stabilize its stock prices and foster a favorable environment for stakeholders. By repurchasing shares, the Bank aims not only to enhance its market valuation but also to signal confidence in its long-term financial strategies. Furthermore, the action underscores the institution's sound liquidity and financial resilience amid economic uncertainties.

Conclusion

This initiative comes as part of Banco Macro’s broader strategy to reinforce its market position and deliver sustained value to its shareholders during an economic period marked by volatility and fluctuation. As the program unfolds, the Bank remains committed to regular updates regarding its progress, ensuring stakeholders are informed every step of the way. Only time will reveal the full impact of this decisive move, but analysts and investors alike are closely monitoring the situation as Banco Macro strives to enhance its operational effectiveness and shareholder satisfaction.

For more information, stakeholders and interested parties can reach out to the Bank's Investor Relations team, comprising Jorge Scarinci, Chief Financial Officer, and Nicolás A. Torres. They are available via email and phone, offering insights into the Bank's strategic initiatives and future outlook.