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An announcement from Grupo Financiero Galicia SA ( (GGAL) ) is now available.
Grupo Financiero Galicia S.A. announced a rights offering to raise up to $95 million in aggregate gross proceeds. This funding is intended to support the purchase of HSBC’s equity stakes and its banking, asset management, and insurance operations in Argentina, strengthening the company’s position in the Argentine financial sector.
More about Grupo Financiero Galicia SA
Grupo Financiero Galicia S.A. operates in the financial industry, primarily offering banking, asset management, and insurance services. The company is focused on expanding its market presence in Argentina.
YTD Price Performance: 3.20%
Average Trading Volume: 1,078,689
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $12.07B
For detailed information about GGAL stock, go to TipRanks’ Stock Analysis page.
