On October 14, 2021, the cancellation of 140,786,959 common shares took place, which capital stock reduction was previously approved by the Shareholders’ Meeting of Pampa held on December 10, 2020. Consequently, Pampa Energía’s issued capital stock amounts to 1,455,501,255 common shares of one peso of nominal value and one vote per share (1 ADR equals to 25 common shares).
Moreover, the Shareholders’ Meetings of Pampa held on April 29 and September 30, 2021, approved the capital stock reduction through the cancellation of 56,581,600 and 12,513,675 common treasury shares, respectively, held by Pampa and its subsidiaries. These are in process of cancellation and, once implemented, Pampa Energía’s issued capital stock amounts to 1,386,405,980 common shares. For further information, see Buyback Programs.
As of October 14, 2021, Pampa’s outstanding capital stock amounts to 1,386,405,980 common shares or 55,456,239 ADRs equivalent5.
The ownership of Pampa‘s shares is the following:
|Holder||Number of Shares,
|Number of ADRs,
|Share of Issued Capital,
|Share of Outstanding
Capital, in %
|Shares in treasury3,4
|Employee stock-based compensation plan
|Total issued capital4||1,455.5||58.2||100.0%||100.0%|
|Total outstanding capital5||1,386.4||55.5|
Note: All figures have been subject to rounding, so totals may not sum. 1 The management holdings based on public information as of June 30, 2021, includes direct and indirect stakes of Messrs. Marcos Marcelo Mindlin, Damián Miguel Mindlin, Gustavo Mariani and Ricardo Alejandro Torres. 2 Listed in NYSE and BYMA. 3 Updated as of October 14, 2021. 4 It includes 69,095,275 common shares / 2,763,811 ADRs in treasury, which cancellation has been approved by the Shareholders’ Meetings held on April 29 and September 30, 2021 (in process of cancellation). 5 Net of shares acquired directly and indirectly in treasury.
||Description||Number of Shares,
|Number of ADRs,
|2006||May||I capital increase||146.0||5.8|
|September||II capital increase||446.0||17.8|
|2007||February||III capital increase||1,046.0||41.8|
|September||IV capital increase||1,526.2||61.0|
|2010||September||I capital reduction||1,314.3||52.6|
|2015||December||V capital increase||1,695.9||67.8|
|2016||November||VI capital increase and merge with Petrobras Argentina I||1,836.5||73.5|
|2018||May||VII capital increase and merge with Petrobras Argentina II||1,938.4||77.5|
|August||VIII capital increase and exchange of minority holdings of Petrolera Pampa||2,082.7||83.3|
|November||II capital reduction||1,899.9||76.0|
|2020||May||III capital reduction||1,747.9||69.9|
|2021||June||IV capital reduction||1,596.3||63.9|
|October||V capital reduction||1,455.5||58.2|
||As of October 14, 2021||1,455.5
Note: As of October 14, 2021. Amounts in million. The treasury shares include 69,095,275 common shares / 2,763,811 ADRs in treasury, which cancellation has been approved by the Shareholders’ Meetings held on April 29 and September 30, 2021 (in process of cancellation).
For further information, see our History.