FAQS

The difference between common and preferred shares lies in the rights each of them has. In the case of common shares, they have both economic and political rights, while preferred shares have only economic rights. The economic rights refer to the participation in the profits obtained by the company (dividends) plus the benefit given by the difference between the purchase price and the sale price (recovery) and the right to buy new shares issued by the company (rights subscription) On the other hand, political rights refer to the shareholder being able to participate and vote in the Shareholders’ General Assembly and review the books of the Company within the time limits established for it. However, investors with preferred shares have political rights in special circumstances that can be reviewed in more detail in Best practices.

The authorized capital of COP 75,000,000,000 is divided into 1,200,000,000 shares of nominal value of COP 62.50. The subscribed and paid-in capital is COP 54,697,419,688 represented in 875.158.715 shares.

Of the total shares into which the subscribed and paid-in capital is divided, 663,331,535 are common shares, of which 13,892,893 are reacquired, leaving 649,438,642 common shares in circulation. On the other hand, 210,405,135 correspond to preferred shares in circulation.

The company has a reserve of shares, as of the end of 2023, of 324.841.285.

The mnemonic of our common stock is GRUPOARGOS and our preferred stock is PFGRUPOARG.

Grupo Argos does not have an established dividend policy, but historically a trend of dividend growth can be observed with respect to those decreed the previous year.

As provided by the current tax laws in Colombia, profits from investments in companies are taxed with income tax and dividend tax. The first is generally paid by the company, the issuer, and the second by the shareholder.

For the year 2024, according to the profit distribution approved by the Shareholders’ Meeting, our investors will receive their dividends as on-taxed income or capital gain, and therefore will not be subject to income tax. Additionally, in accordance with the provisions of paragraph 1 of article 242-1 and 246-1 of the Colombian Tax Code, they will not be subject to dividend tax. However, they will be subject to the Industry and Commerce tax considering the tax status of the shareholder before the District of Medellin and subject to withholding tax in each payments.

Grupo Inversiones Suramericana S.A., Sociedad Portafolio S.A., Colombian Funds, International Funds and Other Investors. For more information on the shareholder composition, go to  Shareholding structure.

The common and preferred shares of Grupo Argos are traded on the Colombian Stock Exchange and to buy a share you must approach a brokerage firm. In the following link you can see the different authorized options to invest in Grupo Argos: