Grupo Financiero Galicia SA (GGAL) has released an update.
Grupo Financiero Galicia S.A. has announced a significant capital increase, decided by the company’s Board of Directors and pending necessary approvals. A request for public offering authorization has been submitted for the issuance of new shares, which could represent up to 7.84% of the firm’s current share capital. The move is aimed at expanding the company’s financial base and reflects a strategic growth initiative.
For further insights into GGAL stock, check out TipRanks’ Stock Analysis page.
