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Grupo Supervielle Announces Sale of Class B Shares to Boost Market Liquidity

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Grupo Supervielle Announces Sale of Class B Shares to Boost Market Liquidity

The latest update is out from Grupo Supervielle SA ( (SUPV) ).

On January 22, 2025, Grupo Supervielle S.A. announced its Board of Directors’ decision to sell up to 4,567,223 Class B shares, as per the regulations of Argentina’s National Securities Commission. The sale aims to enhance market liquidity and allocate funds for capital contributions to its controlled company, Supervielle Agente de Negociación S.A.U., benefiting both the company and its shareholders.

More about Grupo Supervielle SA

Grupo Supervielle S.A. is an Argentine financial services company with a nationwide presence, primarily focusing on providing diverse financial solutions.

YTD Price Performance: 6.90%

Average Trading Volume: 1,421,889

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.82B

See more insights into SUPV stock on TipRanks’ Stock Analysis page.

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