Cresud Shareholders Approve ARS 116 Billion Dividend, Mostly Cash Plus 15.1M IRSA Shares
CRESY sits 23% above its 52-week low of $8.835.
Summary
Cresud shareholders approved a dividend of up to ARS 116 billion — ARS 81.2 billion in cash and ARS 34.8 billion in IRSA shares (15,097,614 shares at ARS 2,305 each) — finalizing the proposal announced September 17.
Key Events · Corporate Governance and Compliance · CRESY
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Dividend Approved at Shareholders' Meeting
At the October 22, 2026 meeting, shareholders approved by majority vote a cash and in-kind dividend of up to ARS 116,000,000,000.
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Cash Portion of ARS 81.2 Billion
ARS 81,199,999,730.00 is payable in cash, roughly 70% of the total distribution.
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In-Kind Leg Pays 15.1M IRSA Shares
ARS 34,800,000,270.00 is paid in kind via 15,097,614 IRSA shares at par value ARS 10 each, valued at ARS 2,305 per share based on the October 21, 2026 closing price.
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Follows Strong FY2026 Results
The payout follows the September 8, 2026 FY2026 release showing net income up 24% to ARS 372.3 billion and an 8% dividend yield.
Analysis · CRESY · Real Estate & Construction
The size is the story: shareholders have approved a payout of up to ARS 116 billion, a large return of capital relative to the company's market value. Of that total, ARS 81.2 billion comes as cash and ARS 34.8 billion is paid in IRSA shares the company already owns. The in-kind leg hands holders 15,097,614 IRSA shares valued at ARS 2,305 each as of October 21, 2026 — a distribution of an affiliate's stock rather than Cresud's own cash, which trims Cresud's stake in IRSA while preserving roughly 70% of the payout as cash. The approval follows the FY2026 results released September 8 that showed net income up 24% to ARS 372.3 billion and an 8% dividend yield. The exact payment date and record date are not stated in this filing.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.3% of the 1529 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CRESY was trading at $10.90 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $842.3M. The 52-week trading range was $8.84 to $14.21. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.