Cresud holds annual and extraordinary shareholders’ meeting
Cresud shareholders approved a 116 billion-peso dividend, comprising 81.2 billion pesos in cash and 34.8 billion pesos in IRSA shares. They also allocated funds to reserves and approved absorbing 4.3 billion pesos in personal assets tax paid on shareholders’ behalf.
1. Dividend approved
At an October 22, 2026, meeting, Cresud shareholders approved a 116 billion-peso dividend, consisting of 81.2 billion pesos in cash and 34.8 billion pesos in IRSA shares. The stock portion comprises 15,097,614 ordinary shares, valued at 2,305 pesos per share based on the October 21 closing price; directors were delegated responsibility for implementing payment.
2. Reserve allocations
Shareholders allocated 12.75 billion pesos to the legal reserve and 129.99 billion pesos to a special reserve for dividends, share buybacks or projects. They also approved absorbing 4.3 billion pesos in personal assets tax already paid on shareholders’ behalf.
