{"id":13555,"date":"2024-10-28T14:28:57","date_gmt":"2024-10-28T17:28:57","guid":{"rendered":"https:\/\/www.irsa.com.ar\/distribution-of-treasury-shares-october-2024\/"},"modified":"2025-02-21T11:42:01","modified_gmt":"2025-02-21T14:42:01","slug":"distribution-of-treasury-shares-october-2024","status":"publish","type":"post","link":"https:\/\/www.irsa.com.ar\/en\/distribution-of-treasury-shares-october-2024\/","title":{"rendered":"Distribution of Treasury Shares &#8211; October 2024"},"content":{"rendered":"[vc_row type=&#8221;full_width_background&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; id=&#8221;about-text&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221; gradient_type=&#8221;default&#8221; shape_type=&#8221;&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_direction_desktop=&#8221;default&#8221; column_element_spacing=&#8221;default&#8221; desktop_text_alignment=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_backdrop_filter=&#8221;none&#8221; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]\n<div class=\"copyNoticia\">\n<h5>The Company informs shareholders of the distribution of shares approved at the General Assembly held on October 28, 2024.<\/h5>\n<\/div>\n[\/vc_column_text][vc_row_inner column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; text_align=&#8221;left&#8221; row_position=&#8221;default&#8221; row_position_tablet=&#8221;inherit&#8221; row_position_phone=&#8221;inherit&#8221; overflow=&#8221;visible&#8221; pointer_events=&#8221;all&#8221;][vc_column_inner column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_direction_desktop=&#8221;default&#8221; column_element_spacing=&#8221;default&#8221; desktop_text_alignment=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_backdrop_filter=&#8221;none&#8221; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; overflow=&#8221;visible&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]\n<div class=\"container ancho-contenido\">\n<div class=\"txt-contenido\">\n<div class=\"bodyNoticia\">\n<div class=\"container ancho-contenido\">\n<div class=\"txt-contenido\">\n<div class=\"bodyNoticia\">\n<p>The Company informs shareholders that, in accordance with the resolutions adopted at the Ordinary and Extraordinary General Shareholders&#8217; Assembly held on October 28, 2024, and the decision made by the Board of Directors at its meeting on the same date, based on the powers delegated by the aforementioned Assembly, the distribution of treasury shares held by the Company has been approved. A total of 25,700,000 registered common shares with 1 vote per share and a par value of ARS 10 each will be distributed, under the following conditions:<br \/>\n<strong>Start date of the process<\/strong>: November 5, 2024.<br \/>\n<strong>Payment address<\/strong>: Caja de Valores S.A. 25 de Mayo 362, Autonomous City of Buenos Aires.<br \/>\n<strong>Hours<\/strong>: Monday to Friday from 10:00 AM to 3:00 PM.<br \/>\nQuantity approved by the Assembly: 25,700,000 shares.<br \/>\nThe mentioned distribution of shares amounts to 0.036013446502 shares per common share and 0.36013446502 per GDS, representing 3.6013446502% of the share capital, represented by 713,622,341 shares with a par value of ARS 10, net of treasury shares.<br \/>\nFractions of shares will be settled in cash in accordance with the regulations of Bolsas y Mercados Argentinos S.A. regarding fractions of less than 1 (one) share or 1 (one) GDS.<br \/>\nHolders of GDS will receive the corresponding distribution of shares through The Bank of New York Mellon, the depository of such certificates, starting from the date determined by the applicable regulations in the jurisdiction where the Company\u2019s GDS are listed.<br \/>\nIt is hereby noted that only holders of outstanding shares of the Company as of November 1, 2024, will be entitled to receive the aforementioned shares in the respective proportion.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; top_padding=&#8221;4%&#8221; bottom_padding=&#8221;4%&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221; gradient_type=&#8221;default&#8221; shape_type=&#8221;&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_direction_desktop=&#8221;default&#8221; column_element_spacing=&#8221;default&#8221; desktop_text_alignment=&#8221;default&#8221; 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