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Grupo Financiero Galicia SA ( (GGAL) ) has shared an announcement.
On February 12, 2025, Grupo Financiero Galicia S.A. announced the results of its subscription rights offerings, as part of its strategic financial maneuvers. The company successfully allocated a total of 17,740,028 Class B ordinary shares, with a significant portion destined for the capitalization of HSBC credits in Argentina. This move will increase the company’s total outstanding Class B ordinary shares to 1,325,032,079, potentially strengthening its market position and financial stability.
More about Grupo Financiero Galicia SA
Grupo Financiero Galicia S.A. is one of Argentina’s largest financial services groups, operating in the financial sector with a focus on providing a wide range of financial services.
YTD Price Performance: -14.81%
Average Trading Volume: 1,146,960
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.46B
Learn more about GGAL stock on TipRanks’ Stock Analysis page.
