Central Puerto sets share buyback of up to USD 30 million, caps ADR price at USD 16

Central Puerto’s board set terms for a share buyback program of up to USD 30 million.

• Repurchases may be executed by the company or subsidiaries, capped at 10% of share capital at purchase dates.
• Daily market purchases are limited to 25% of average daily trading volume over the prior 90 trading days.
• The maximum price is set at USD 16 per ADR on the NYSE and ARS 2,600 per common share on BYMA.
• The program will be funded from available reserves and is scheduled for 180 calendar days from the first business day after market disclosure.