Central Puerto S.A. filed a Form 6-K on November 6, 2026, disclosing the automatic cancellation of 2,299,993 treasury shares under Argentine Capital Markets Law No. 26,831, reducing the company's share capital to ARS 1,511,470,229.

Key Highlights

  • Shares cancelled: 2,299,993 common shares, each carrying one vote per share, were cancelled by operation of law.
  • Triggering event: The shares had remained in the company's portfolio for three years from their acquisition, made between September 8, 2023 and October 11, 2023, without being disposed of or addressed by a shareholders' meeting resolution.
  • Legal basis: The cancellation occurred pursuant to Article 67 of Argentina's Capital Markets Law No. 26,831.
  • New share capital: Following the reduction, the company's share capital is ARS 1,511,470,229, represented by 1,511,470,229 common shares with a par value of ARS 1 each, each entitled to one vote.
  • Board action: The company's Board of Directors resolved to register the share capital reduction with the Public Registry.
  • Original repurchase plan: The treasury shares originated from a repurchase plan approved by the company on August 24, 2023.

Mandatory Share Cancellation Under Argentine Law at Central Puerto

According to the filing, Central Puerto S.A. notified Argentine regulators, including the Comisión Nacional de Valores (CNV), Bolsas y Mercados Argentinos S.A. (BYMA), and Mercado Abierto Electrónico (MAE), of a legally triggered cancellation of treasury shares. The disclosure was submitted by Leonardo Marinaro, Head of Market Relations, in his capacity as Attorney-in-Fact for the company.

The filing states that the cancelled shares were acquired under a treasury share repurchase plan approved on August 24, 2023, with the actual acquisitions taking place between September 8, 2023 and October 11, 2023. Under Article 67 of Capital Markets Law No. 26,831, treasury shares that remain in a company's portfolio for three years without disposal or a shareholders' meeting resolution addressing their destination are subject to cancellation by operation of law. According to the filing, that three-year period elapsed without either condition being met, triggering the automatic cancellation of the 2,299,993 shares.

As a result of the cancellation, the filing reports that the company's share capital was reduced by an amount equal to the par value of the cancelled shares. The new share capital stands at ARS 1,511,470,229, represented by an equal number of common shares, each with a par value of ARS 1 and one vote per share. The Board of Directors, the filing notes, has resolved to register this capital reduction with the Public Registry.

What Was Disclosed

Central Puerto S.A. reported the automatic, legally mandated cancellation of 2,299,993 treasury shares after they were held for three years without disposition, reducing its share capital to ARS 1,511,470,229 and triggering a Board resolution to register the change.