SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
April 30, 2020
Commission File Number: 001-32827
MACRO BANK INC.
(Translation of registrant’s name into English)
Av. Eduardo Madero 1182
Buenos Aires C1106ACY
Tel: 54 11 5222 6500
(Address of registrant’s principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
| Form 20-F | x | Form 40-F | o |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
| Yes | o | No | x |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
| Yes | o | No | x |
INDEX
| 1. | Translation of a submission from Banco Macro to the CNV dated on April 30, 2020. |
Autonomous City of Buenos Aires, April 30th 2020
To
CNV/BYMA/MAE
Please be advised that the Shareholders’ Meeting held on the date hereof resolved to distribute as cash dividend to the shareholders the amount of AR$ 12,788,268,160, which represents AR$ 20 per share, and delegated to the Board the powers to determine the date of the effective availability thereof to the shareholders in proportion to their respective shareholdings.
The effective distribution of the dividends as approved on the date hereof is subject to BCRA’s authorization, which has not yet been granted. Pursuant to the provisions of Communique “A” 6939 issued by the BCRA, the distribution of profits by financial entities is suspended until 06/30/2020.
As to the total amount of dividends to be distributed, please be advised that the amount of AR$ 8,548,398,000 derives from profit accrued in fiscal years beginning before January 1st 2018. We further inform that the above mentioned distribution is not subject to the 35% withholding rate provided under section 74 of the Argentine Income Tax Law of 2019, since the dividends to be distributed do not exceed the earnings determined under the provisions of such law. In addition, please be advised that the amount of AR$ 4,239,870,160 derives from fiscal years starting as of January 1st 2018 and therefore it is subject to a 7% withholding rate according to section 97 of the above mentioned Income Tax Law, as amended and restated in 2019.
Sincerely,
Jorge Scarinci
Head of Market Relations
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.
Date: April 30, 2020
| MACRO BANK INC. | |||
| By: | /s/ Jorge Francisco Scarinci | ||
| Name: Jorge Francisco Scarinci | |||
| Title: Chief Financial Officer | |||