CRESY Cresud Inc.

$CRESY According to today's 6K filing, we will get a cash dividend of ARS 114.48 and a in-kind one of 0.0213 IRSA shares. Using today's exchange rate, it converts to S0.75 per ADR shares. Also using today's IRSA ADR stock price of $14.27, which is equivalent to $0.30. Together, the ADR shareholders will get $0.75 in cash and 0.0213 ADR shares of IRSA stock about $0.30 is today's market value.

$CRESY More on dividends: Cash Dividends: $0.7494 per ADS share; In-kind Dividends: 0.021286 IRS ADS shares per ADS share (worth about $0.26 at today's closing). A depositary fee of $0.05 per ADS share and 7% Argentine withholding taxes will be deducted from the cash dividends. The holding taxes apply to the in-kind dividends as well. Depending on the IRS SP on the day of issueance, the cash dividends will be $0.62 approximately, plus 0.021286 IRS ADS shares per CRESY ADS share.

$CRESY On 10/23/26, shareholders of both CRESY and IRSA will vote to approve the proposed dividends for both companies as, respectively, 116B pesos and 211B pesos. Convert that into dollar on a per ARS share basis, thery are, respectively, $1.07 (116000/1524/70.93) and $1.66. Since IRSA is 55% owned by CRESY, potentially, CRESY's ARS shareholders may get a dividend up to $1.07 per ARS share plus either cash or IRSA stocks worth about $1.07 (55%*211000/1524/70.93). BTW, the ARS shares outstanding for both CRESY and IRSA, respectively, 70.93M and 83.46M. Folks, we will know by the end of this week, and my guess is about $2.00 worth of dividends are heading our way for the CRESY ARS shares.