Grupo Supervielle S.A. (SUPV) has released an update.
Grupo Supervielle S.A., a prominent financial services group in Argentina, has announced a share repurchase program aimed at stabilizing its stock price and allocating excess cash efficiently. The program, backed by the Board’s confidence in the company’s strategic direction and valuation, will invest up to AR$4 billion or acquire a maximum of 10% of the company’s capital stock. The repurchase plan underscores the company’s solid liquidity position and commitment to enhancing shareholder value without compromising solvency.
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