Recent Updates — IRS
IRSA Inversiones y Representaciones S.A. signed a barter agreement for a new lot of 2,274 sqm within the first stage of its Ramblas del Plata project, with an estimated total saleable area of 8,334 sqm. The transaction is valued at approximately USD 8.75 million and will be settled through an upfront cash payment plus future delivery of saleable square meters. The company intends to continue infrastructure works on the plot while advancing commercialization efforts for the project. IRSA operates in the real estate development industry, focusing on residential, commercial, and retail properties primarily in Argentina.
Shareholders approved a cash dividend of up to ARS 211 billion for the fiscal year ended June 30, 2026. The company also approved the merger by absorption of TIENDA LOS GALLEGOS S.A. and LOS GALLEGOS MARTINEZ NAVARRO Y CIA S.A., both wholly-owned subsidiaries. Additionally, directors were reappointed and board compensation was authorized. IRSA operates in real estate development and commercial property management.
IRSA Inversiones y Representaciones announced a cash dividend of ARS 249.41 per ordinary share and ARS 2,494.10 per Global Depositary Share (GDS), representing approximately 2,494% of stock capital. The distribution is charged to the fiscal year ended June 30, 2026, with a record date of October 26, 2026, and payment scheduled for November 3, 2026. Foreign shareholders may elect to receive dividends in US dollars subject to Central Bank regulations. IRSA is Argentina's leading real estate company.
The General Ordinary and Extraordinary Shareholders’ Meeting approved a cash dividend distribution totaling ARS 211,000,000,000. The amount is allocated according to shareholder holdings. IRSA operates in the real estate development and investment industry.
On October 15, 2026, IRSA Inversiones y Representaciones S.A. repurchased Series XXV notes with an aggregate principal amount of USD 9 million. The company acquired the debt at a price equivalent to 100.68% of the principal amount. These repurchased notes represent 18.0% of the total outstanding principal of the series and will be held in treasury. IRSA operates as a real estate investment and development company.