As a consequence of the Corporate reorganization described in Note 31, Telecom Argentina’s breakdown of capital stock as of December 31, 2017 is as follows:
|
|
Registered, subscribed and authorized for public offering |
||
|
Shares |
Outstanding shares |
Treasury shares |
Total capital stock |
|
Ordinary shares, $1 argentine peso of nominal value each |
|
|
|
|
Class “A” |
340,994,852 |
- |
340,994,852 |
|
Class “B” |
627,930,005 | 15,221,373 | 643,151,378 |
|
Class “C” |
234,748 |
- |
234,748 |
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|
|
|
|
|
Total |
969,159,605 | 15,221,373 | 984,380,978 |
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As of January 1, 2018, due to the merger between Telecom Argentina and Cablevisión S.A., the new breakdown of capital stock is as follows:
|
Shares |
Outstanding shares |
Treasury shares |
Total capital stock |
|
Class “A” |
683,856,600 |
- |
683,856,600 |
|
Class “B” |
627,930,005 | 15,221,373 | 643,151,378 |
|
Class “C” |
234,748 |
- |
234,748 |
|
Class “D” |
841,666,658 |
- |
841,666,658 |
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|
|
|
|
|
|
2,153,688,011 | 15,221,373 | 2,168,909,384 |
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