Monitor the implementation of the in-kind dividend (IRSA shares) and any future use of the special reserve for share repurchases or additional dividends. The dividend is a routine capital allocation event with no immediate catalyst for CRESY.
Price Chart
Executive Summary
Cresud's Ordinary and Extraordinary General Shareholders' Meeting on October 22, 2026, approved a dividend of ARS 116 billion (approx. $116 billion Argentine pesos) payable in cash and in kind, including 15,097,614 IRSA shares. The meeting also renewed director appointments and approved routine governance items. The filing is a routine post-meeting summary with no material financial surprises or operational updates.
Key Facts
- Net profit for fiscal year ended June 30, 2026: ARS 244,516,111,286.75
- Dividend approved: ARS 116,000,000,000 (ARS 81.2B cash + ARS 34.8B in-kind via 15,097,614 IRSA shares)
- Legal reserve allocation: ARS 12,747,982,972.79 (4.93% of net income)
- Special reserve created: ARS 129,987,458,471.52 for future dividends, buybacks, or projects
- Board of Directors renewed: Eduardo Sergio Elsztain, Saúl Zang, Alejandro Gustavo Casaretto, Mariana Renata Carmona (regular); Eduardo Ohan Kalpakian (alternate) — all until June 30, 2029
- Supervisory Committee appointed: José Daniel Abelovich, Marcelo Héctor Fuxman, Noemí Ivonne Cohn (regular); Cynthia Deokmellian, Paula Andrea Sotelo, Martín Ghirardotti (alternate) — one-year term
- Auditor reappointed: PRICEWATERHOUSE & Co. for fiscal year ending June 30, 2027
- Personal assets tax absorbed by company: ARS 4,296,165,412.44
- Audit committee budget approved: ARS 15,300,000
Financial Impact
Dividend of ARS 116 billion (approx. $116B Argentine pesos) declared; cash portion ARS 81.2B, in-kind portion ARS 34.8B (15,097,614 IRSA shares at ARS 2,305/share). Net profit ARS 244.5B for FY2026.
Risk Factors
- Argentine peso devaluation could impact the real value of the cash dividend for U.S.-listed ADR holders
- In-kind dividend of IRSA shares may create selling pressure on IRSA if recipients liquidate
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001034957-26-000075 |
| Document: 0001034957-26-000075-index-headers.html | 0001034957-26-000075 |
| Document: 0001034957-26-000075-index.html | 0001034957-26-000075 |
| Document: 0001034957-26-000075.txt | 0001034957-26-000075 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 6-K | $11.45 $10.79 | ▼ −5.76% | ▼ −6.47% | $10.79 (−5.76%) |
Oct 22, 2026 4d ago | 6-K | $11.45 $10.79 | ▼ −5.76% | ▼ −6.47% | $10.79 (−5.76%) |
Oct 22, 2026 4d ago | 6-K | $10.90 $11.45 | ▲ +5.05% | ▲ +5.57% | $10.79 (−1.01%) |
Oct 21, 2026 5d ago | 20-F | $10.90 $11.45 | ▲ +5.05% | ▲ +5.57% | $10.79 (−1.01%) |
Sep 17, 2026 5w ago | 6-K | $12.83 $12.76 | ▼ −0.55% | ▼ −0.43% | $10.79 (−15.90%) |
Aug 28, 2026 8w ago | 6-K | $11.50 $11.67 | ▲ +1.48% | ▲ +2.17% | $10.79 (−6.17%) |
Aug 27, 2026 8w ago | 6-K | $11.22 $11.06 | ▼ −1.43% | ▼ −1.20% | $10.79 (−3.83%) |
Aug 27, 2026 8w ago | 6-K | $11.22 $11.06 | ▼ −1.43% | ▼ −1.20% | $10.79 (−3.83%) |
Jul 30, 2026 12w ago | Insider Cluster | $11.61 $11.21 | ▼ −3.45% | ▼ −4.15% | $10.79 (−7.06%) |
Jul 14, 2026 14w ago | 6-K | $10.91 $11.04 | ▲ +1.19% | ▲ +0.80% | $10.79 (−1.10%) |
US Market Status
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