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Grupo Supervielle Updates Dividend Terms After Buyback
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Grupo Supervielle Updates Dividend Terms After Buyback

Grupo Supervielle S.A. (SUPV) has released an update.

Argentina-based Grupo Supervielle S.A. has announced an update to the terms of its dividend payment initially reported on April 22, 2024, due to the company’s repurchase of 500,000 Class B shares. This buyback has resulted in an increased dividend yield of 4.403636498030% per share, or AR$44.03636498030 per share, excluding treasury-held shares. The revised dividend details follow the company’s share buyback program, with other conditions of the dividend payment remaining the same.

For further insights into SUPV stock, check out TipRanks’ Stock Analysis page.

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