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IRSA Announces Distribution of Treasury Shares to Shareholders

IRSA Announces Distribution of Treasury Shares to Shareholders

Irsa Inversiones Y Representaciones SA (IRS) has released an update.

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IRSA Inversiones y Representaciones S.A. has announced the distribution of 25,700,000 of its own treasury shares to shareholders, starting November 5, 2024. This move equates to roughly 3.6% of the company’s stock capital, with any fractional shares being settled in cash. Shareholders on record as of November 1, 2024, will be eligible to receive these shares.

For further insights into IRS stock, check out TipRanks’ Stock Analysis page.

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