Macro Bank Inc. Files 6-K Reporting Relevant Event

TL;DR

Macro Bank Inc. filed a 6-K on May 14th about a 'relevant event' – keep an eye on this.

AI Summary

On May 14, 2024, Macro Bank Inc. filed a Form 6-K, reporting a relevant event to the CNV/BYMA/MAE. The filing includes a translation of a submission from Banco Macro dated May 14, 2024. Macro Bank Inc. is a commercial bank incorporated in Argentina.

Why It Matters

This filing indicates that Macro Bank Inc. is disclosing a significant event to regulatory bodies, which could impact investors' understanding of the company's current status.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a relevant event without immediate financial implications detailed.

Key Players & Entities

• Macro Bank Inc. (company) — Registrant
• Banco Macro (company) — Entity submitting document
• CNV/BYMA/MAE (company) — Regulatory bodies
• May 14, 2024 (date) — Filing and submission date

FAQ

Key Financial Figures

• $294,130,168,000 — ina for the payment of a dividend of AR $294,130,168,000, please be advised that on the date her
• $294,130,167,680 — S.A. resolved to apply the amount of AR $294,130,167,680 to the payment of a cash dividend in 3
• $161,784,356,040 — alment No. 1 of the cash dividend of AR $161,784,356,040.74, (i.e., AR $253.0199617596 per share
• $253.0199617596 — nd of AR $161,784,356,040.74, (i.e., AR $253.0199617596 per share representing 25,301.9962 % of
• $639,413,408 — 5,301.9962 % of the capital stock of AR $639,413,408). Available as of 05/22/2024 Record d

Filing Documents

• tm2414458d2_6k.htm (6-K) — 33KB
• 0001104659-24-061242.txt ( ) — 34KB

From the Filing

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 May 14, 2024 Commission File Number: 001-32827 MACRO BANK INC. (Translation of registrant’s name into English) Av. Eduardo Madero 1182 Buenos Aires C1106ACY Tel: 54 11 5222 6500 (Address of registrant’s principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F o Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes o No x Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes o No x INDEX Translation of a submission from Banco Macro to the CNV dated on May 14, 2024. Autonomous City of Buenos Aires, May 14 th 2024. To CNV/BYMA/MAE Re.: Relevant Event. Dear Sirs, In connection with the relevant event of last May 6 th regarding the authorization by the Superintendency of Financial and Exchange Entities of the Central Bank of the Republic of Argentina for the payment of a dividend of AR $294,130,168,000, please be advised that on the date hereof the Board of Banco Macro S.A. resolved to apply the amount of AR $294,130,167,680 to the payment of a cash dividend in 3 equal and consecutive monthly instalments. The amount of each one of such instalments shall be paid in constant currency, using the most recently-published consumer price index (CPI) as determined by Instituto Nacional de Estadísticas y Censos (INDEC) to the date each instalment is made available to the shareholders. Therefore, the Board fixed a preliminary payment Schedule as follows: Year 2024 Instalment # Available on (date) Amount (i) 1 May 22 nd $ 98,043,389,226.67 2 June 26 th $ 98,043,389,226.67 3 July 22 nd $ 98,043,389,226.67 (i) The amount shall be expressed in constant currency to the date of the resolution that determines the availability of such instalments. Each time the Board resolves to make available a dividend instalment, it shall issue the relevant notice of payment, containing the following information: i) the amount to be made available to the shareholders; ii) the amount per share; and iii) whether the dividend to be paid is subject to any kind of tax withholding. In addition, please be advised that pursuant to Communique “A” 7997 of the Central Bank of the Republic of Argentina, in connection with the option to be granted to the non-resident shareholders to apply the funds derived from the dividends received to the acquisition of BOPREALs, the Bank shall inform such possibility at the time of issuing the relevant notice of payment of each dividend instalment. The amount to be paid as dividend is subject to a 7% tax withholding under section 97 of the Argentine Income Tax Law as revised in 2019 and, in the case of non-resident shareholders who choose to acquire BOPREALs, an additional 17.5% tax withholding shall apply as Tax for an Inclusive and Solidarity-based Argentina (PAÍS) pursuant to Decree No. 385/2024. Simultaneously with this notice, we publish the notice of payment of the first dividend instalment. Sincerely, Payment of Cash Dividend We hereby inform to the Shareholders of Banco Macro S.A. that, pursuant to (i) the resolutions adopted by the General and Special Shareholders’ Meeting held on April 12 th 2024, (ii) Communique “A” 7984 and Communique “A” 7997 authorizing the financial entities with authorization of the Central Bank of the Republic of Argentina to distribute dividends in 3 equal and consecutive monthly instalments expressed in constant currency, (iii) the authorization by the Superintendency of Financial and Exchange Entities of the Central Bank of the Republic of Argentina obtained last May 6 th , and (iv) the resolutions adopted by the Board of Directors at the meeting held on May 14 th 2024, Banco Macro S.A. shall make available and pay to its shareholders instalment No. 1 of the cash dividend of AR $161,784,356,040.74, (i.e., AR $253.0199617596 per share representing 25,301.9962 % of the capital stock of AR $639,413,408). Available as of 05/22/2024 Record date: 05/21/2024 As to the aggregate amount of dividends Banco Macro S.A. shall distribute, please be advised that such amount is subject to a 7% withholding under section 97 of the Income Tax Law as revised in 2019. Such cash dividend shall be made available as of the above stated date at Caja de Valores S.A. located in 25 de Mayo 362, Autonomous City of Buenos Aires, Mondays to Fridays from 10 AM to 3 PM. Shareholders holding American Depositary Receipts (ADRs) shall receive the relevant dividend under the applicable depositary agreement through The Bank of New York Mello

View Full Filing

View this 6-K filing on SEC EDGAR