Cresud, US2264061068

Cresud details 60 percent quorum. Cresud stock trades EUR 10.45 versus EUR 10.40

Published on 10/08/2026 at 15:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached ARS 372,280 million in fiscal year 2026, up 24.24 percent. Cresud stock trades EUR 10.45 on October 8, 2026 versus EUR 10.40.

Cresud, US2264061068, Illustration mit AI erstellt.
Cresud, US2264061068, Illustration mit AI erstellt.

Cresud provided additional information on September 24, 2026, about its October 22 shareholder meeting, including a 60 percent quorum requirement for an extraordinary agenda item, according to its investor-relations page. Cresud stock was trading at EUR 10.45 at Lang & Schwarz on October 8, 2026 at 2:33 p.m. CEST, plus 0.48 percent versus the prior close of EUR 10.40 on October 7, 2026.

Three events shape the vote

On September 8, 2026, Cresud reported fiscal year 2026 net income of ARS 372,280 million, compared with ARS 299,635 million in fiscal year 2025, according to PR Newswire. That is a 24.24 percent year-over-year increase, while agricultural revenue rose to ARS 727,486 million from ARS 598,649 million.

On September 17, 2026, the board called a General Ordinary and Extraordinary Shareholders' Meeting for October 22 and placed a dividend of up to ARS 116,000 million on the agenda, as MarketScreener reported. The proposed amount is subject to shareholder approval.

On September 24, 2026, Cresud published additional information for the same October 22 meeting through its investor-relations page. The sequence gives investors two separate reference points: operating profit growth in fiscal year 2026 and a potential distribution that still requires a vote.

What does the vote mean for payouts?

The meeting agenda connects the potential ARS 116,000 million distribution with fiscal year 2026 net income of ARS 372,280 million, according to MarketScreener. The proposed payout therefore represents a governance decision rather than a completed dividend, while the 60 percent quorum applies to the extraordinary item identified in the notice.

October dates set the next test

Shareholders must register by October 16, 2026 at 3:00 p.m. local time, and the virtual meeting is scheduled for October 22, 2026 at 1:00 p.m. on first call or 2:00 p.m. on second call, according to MarketScreener. The agenda also covers director appointments and the appointment of auditors for the fiscal year ending June 30, 2027.

Cresud stock stays near EUR 10.45

Cresud stock was trading at EUR 10.45 at Lang & Schwarz on October 8, 2026 at 2:33 p.m. CEST, plus 0.48 percent versus the prior close of EUR 10.40 on October 7, 2026. The primary listing is Nasdaq under ticker CRESY, while the company operates agricultural and urban property businesses across Latin America. The further course of trading is shown by the continuously updated real-time quote of Cresud stock.

Cresud stock facts

  • Company: Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria
  • ISIN: US2264061068
  • Ticker: CRESY
  • Primary exchange: Nasdaq
  • Price Lang & Schwarz as of October 8, 2026 at 2:33 p.m. CEST: EUR 10.45
  • Change versus prior close: plus 0.48 percent
  • Prior close Lang & Schwarz October 7, 2026: EUR 10.40
  • Market capitalization: USD 754.5 million as of October 7, 2026
  • 52-week range: USD 8.69-14.21 as of October 7, 2026
  • Sector / Industry: Industrials / Conglomerates

Market context: Market report Nasdaq Composite.

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