IRSA - Inversiones y Representaciones SA

09/06/2023 | Press release | Distributed by Public on 09/06/2023 04:04

Primary Document - Form 6-K

IRSA INVERSIONES Y REPRESENTACIONES SOCIEDAD ANONIMA
(THE "COMPANY")
REPORT ON FORM 6-K
Attached is an English translation of the letter dated September 5, 2023, filed by the Company with the Bolsa de Comercio de Buenos Aires and the Comisión Nacional de Valores.
Buenos Aires, September 5, 2023 - IRSA Inversiones y Representaciones S.A. (NYSE:IRS, ByMA:IRSA), Argentina's leading Real Estate company,reports that its Board of Directors in its meeting held on September 5, 2023, by virtue of the powers granted at the meeting held on June 15, 2023, where the share repurchase program was created for an amount of up to ARS 5,000,000,000 under the terms of Article 64 of Law 26,831 and the Regulations of the National Securities Commission, has resolved to amend the acquisition price of its own shares, establishing a maximum value of USD 9.00 per GDS and up to a maximum value in pesos of ARS 720 per share, maintaining the remaining terms and conditions duly communicated.
As of this date, the Company has repurchased the equivalent of 4,608,962 common shares representing approximately 37.92% of the approved program.