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Share capital and additional paid-in capital
12 Months Ended
Dec. 31, 2023
Notes and other explanatory information [abstract]  
Share capital and additional paid-in capital

 

Note22 |    Share capital and additional paid-in capital

 

 

           
     Share capital     Additional paid-in capital     Total 
             
Balance at December 31, 2021             348,647                4,646             353,293
Payment of Other reserve constitution - Share-based compensation plan                        -                     28                     28
Balance at December 31, 2022             348,647                4,674             353,321
             
Payment of Other reserve constitution - Share-based compensation plan                       -                     42                     42
Balance at December 31, 2023             348,647                4,716             353,363

 

 

On April 20, 2023, the Company’s Ordinary and Extraordinary Shareholders’ Meeting approved the conversion of 355,945 Class C shares into Class B shares, in the framework of the termination of the Employee Stock Ownership Program, which had been authorized by the CNV.

 

As of December 31, 2023, the Company’s share capital amounts to 906,455,100 shares, divided into 462,292,111 common, book-entry Class A shares with a par value of one peso each and the right to one vote per share; 442,566,330 common, book-entry Class B shares with a par value of one peso each and the right to one vote per share; and 1,596,659 common, book-entry Class C shares with a par value of one peso each and the right to one vote per share.

 

Listing of the Company’s shares

 

The Company’s shares are listed on ByMA, forming part of the Merval Index, as well as on the NYSE, where each ADS represents 20 common shares.