Dividends & Buybacks ·
Cresud approves ARS 116B cash and in-kind dividend distribution including IRSA shares
CRESYCresud Inc
The Shareholders’ Meeting approved a cash and in-kind dividend distribution of up to ARS 116,000,000,000. The payout includes ARS 81,199,999,730 in cash and ARS 34,800,000,270 in kind, consisting of 15,097,614 shares of IRSA Inversiones y Representaciones S.A. valued at ARS 2,305 per share based on the October 21 closing price. Cresud operates as a diversified holding company with interests in real estate development, agriculture, and financial services.