Board Proposes ARS 29.27 Billion Reserve for Dividends or Share Buybacks

summarizeSummary

Central Puerto's Board of Directors proposes to shareholders the creation of an optional reserve of ARS 29.27 billion for future dividends or share buybacks, formalizing a significant capital return intention.

check_boxKey Events

• Proposal for Capital Return Reserve

  The Board proposes allocating ARS 29,273,279,000 to an optional reserve, which can be used for dividend payments or share buybacks.

• Shareholder Meeting Agenda

  These proposals will be presented for shareholder consideration at the Ordinary General Meeting on April 30, 2026.

• Board Discretion

  The Board of Directors would be delegated authority to determine the timing and terms for the use of this capital return reserve.

• Formalizes Prior Intent

  This filing provides specific financial details for a capital return program previously mentioned in the March 9, 2026 filing.

auto_awesomeAnalysis

This 6-K filing details the Board's proposal to allocate ARS 29,273,279,000 (approximately $29.27 million USD) from unallocated results and surplus legal reserve into an optional reserve. This reserve can be used for either dividend payments or share repurchases, with the Board delegated authority to determine the timing and terms. This proposal, to be considered at the April 30, 2026, Ordinary General Meeting, provides specific financial details for a capital return program previously mentioned in the March 9, 2026 filing. The significant amount, representing over 1% of the company's market capitalization, signals a strong commitment to enhancing shareholder value.