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Grupo Financiero Galicia SA ( (GGAL) ) has issued an announcement.
Grupo Financiero Galicia S.A. announced the commencement of a subscription rights offering on January 22, 2025, allowing holders of its American Depositary Shares (ADSs) to purchase additional shares at a set price. This initiative, which is part of the company’s strategy to strengthen its financial position, underscores its commitment to enhancing shareholder value and maintaining a competitive edge in Argentina’s financial sector.
More about Grupo Financiero Galicia SA
Grupo Financiero Galicia S.A. is one of Argentina’s largest financial services groups. The company is primarily focused on providing a wide range of financial services, including banking, credit card services, insurance, asset management, and mutual funds, with a significant market presence in Argentina.
YTD Price Performance: 1.98%
Average Trading Volume: 1,118,185
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.63B
See more data about GGAL stock on TipRanks’ Stock Analysis page.
