Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
March 29 2021 - 4:19PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
Report
Of Foreign Private Issuer
Pursuant
To Rule 13a-16 Or 15d-16 Of
The
Securities Exchange Act Of 1934
For the month
of March 2021
Commission
File Number: 000-54290
Grupo Aval Acciones y Valores S.A.
(Exact
name of registrant as specified in its charter)
Carrera
13 No. 26A - 47
Bogotá
D.C., Colombia
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
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):
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):
GRUPO
AVAL ACCIONES Y VALORES S.A.
TABLE
OF CONTENTS
ITEM
|
|
1.
|
Notice regarding Ordinary General Shareholders’ Meeting held on March 26, 2021
|
Item
1
Grupo
Aval Acciones y Valores S.A. (the “Company”) informs that the ordinary meeting of shareholders, held on March 26, 2021, adopted
the following decisions:
|
1.
|
Approved
the Company’s financial statements, management report and other attachments, for the
year ended on December 31, 2020. It further approved the following distribution of profits:
|
GRUPO
AVAL ACCIONES Y VALORES S.A
PROPOSED DISTRIBUTION OF PROFITS
FOR
THE PERIOD BEGINNING ON JANUARY 1st AND ENDING ON DECEMBER 31st, 2020
GENERAL
MEETING OF SHAREHOLDERS
Net Income
|
|
|
2,399,001,330,459.91
|
|
|
|
|
With tax benefit
|
|
1,523,083,341,541.04
|
|
Without tax benefit
|
|
875,917,988,918.88
|
|
|
|
|
|
Plus:
|
|
|
|
Occasional reserve release at the
disposal of the General Meeting of Shareholders
|
|
|
9,510,715,545,397.49
|
Year 2016 and
previous years
|
|
2,057,618,814,741.97
|
|
With tax benefit
|
-
|
|
|
Without tax benefit
|
2,057,618,814,741.97
|
|
|
Year 2017 and following
|
|
7,453,096,730,655.52
|
|
With tax benefit
|
3,838,857,748,781.71
|
|
|
Without tax benefit
|
3,614,238,981,873.81
|
|
|
|
|
|
|
Total Income available for disposal of the General Meeting
of Shareholders
|
|
|
11,909,716,875,857.40
|
|
|
|
|
To distribute a cash dividend of $4.50 per
share per month from April
2021 to March 2022, including those two months, over 22,281,017,159 outstanding shares as of the date of this Meeting.
|
|
|
1,203,174,926,586.00
|
|
|
|
|
With tax benefit:
|
|
1,203,174,926,586.00
|
|
|
|
|
|
These dividends will be taken from profits of year 2017 and
following years, eligible to be distributed with tax benefit to Shareholders
|
1,203,174,926,586.00
|
|
|
|
|
|
|
Note: Dividends shall be paid within the first
ten (10) days of each month according to applicable regulations. In accordance with article 2.23.1.1.4 of Decree 2555 of 2010 (modified
by Decree 4766 of 2011), and the regulations of the Colombian Stock Exchange, dividends for the month of April 2021, will be paid
from the fourth trading day following the date in which the General Meeting of Shareholders approves the distribution of profits,
that is beginning on April 5. In this month, dividends will be paid until April 14.
|
|
|
|
|
|
|
|
Occasional reserve
at the disposal of General Meeting of Shareholders
|
|
|
10,706,541,949,271.40
|
|
|
|
|
Total with tax benefit:
|
|
4,158,766,163,736.82
|
|
|
|
|
|
Year 2020
|
1,523,083,341,541.04
|
|
|
Year 2019
|
1,605,196,863,857.97
|
|
|
Year 2018
|
1,030,485,958,337.81
|
|
|
|
|
|
|
Total without tax benefit:
|
|
6,547,775,785,534.59
|
|
|
|
|
|
Year 2020
|
875,917,988,918.88
|
|
|
Year 2019
|
1,426,041,296,499.94
|
|
|
Year 2018
|
1,323,914,957,506.00
|
|
|
Year 2017
|
864,282,727,867.80
|
|
|
Year 2016 and previous
|
2,057,618,814,741.97
|
|
|
|
|
|
|
Total without tax benefit:
|
|
|
11,909,716,875,857.40
|
NOTES:
1.
Dividends distributed under profits of year 2017 and subsequent years will be taxed and subject to a withholding tax, according
to applicable tax laws.
2.
According to article 242-1 of the Tax Statute and in accordance with Regulatory Decree 1457/2020, the withholding applied to dividends
amounted $1,359,970,175. This value will be transferred to all shareholders according to their participation, as a lower value
to be paid.
|
2.
|
Elected
the following individuals as members of the Board of Directors for the period beginning on
April 1, 2021 and ending on March 31, 2022:
|
BOARD OF DIRECTORS
- GRUPO AVAL ACCIONES Y VALORES S.A.
2021-2022
PRINCIPAL
|
ALTERNATE
|
|
|
Luis Carlos Sarmiento Angulo
|
Mauricio Cárdenas Müller
|
Alejandro Figueroa Jaramillo
|
Carlos Eduardo Upegui Cuartas
|
María Lorena Gutiérrez Botero
|
Juan Camilo Ángel Mejía
|
Álvaro Velásquez Cock
|
Ana María Cuéllar
de Jaramillo
|
Fabio Castellanos Ordóñez (*)
|
Luis Fernando López Roca
(*)
|
Miguel Largacha Martínez
|
César Prado Villegas
|
Esther América Paz Montoya (*)
|
Germán Villamil Pardo
(*)
|
(*) Independent
Members
|
3.
|
Re-elected
KPMG as Statutory Auditor of the Company. KPMG will appoint the individuals that will act
as principal and alternate Statutory Auditor of the Company, on behalf of such firm.
|
|
4.
|
In addition
to the aforementioned decisions, the Company informs that the following will be the ex-dividend
dates applicable to the period beginning on April 2021 and ending on March 2022:
|
Ex-dividend
Dates April 2021 - March 2022 (*)
|
Month
|
Initial
ex-dividend date
|
Final
ex-dividend date
|
April
2021
|
29.03.2021
|
05.04.2021
|
May
2021
|
27.04.2021
|
03.05.2021
|
June
2021
|
26.05.2021
|
01.06.2021
|
July
2021
|
25.06.2021
|
01.07.2021
|
August
2021
|
27.07.2021
|
02.08.2021
|
September
2021
|
26.08.2021
|
01.09.2021
|
October
2021
|
27.09.2021
|
01.10.2021
|
November
2021
|
26.10.2021
|
02.11.2021
|
December
2021
|
25.11.2021
|
01.12.2021
|
January
2022
|
28.12.2021
|
03.01.2022
|
February
2022
|
26.01.2022
|
01.02.2022
|
March
2022
|
23.02.2022
|
01.03.2022
|
(*) Ex-Dividend
dates may vary subject to any determination of the Colombian Stock Exchange with respect to the business days for trading purposes.
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, thereunto duly authorized.
Date: March
29, 2021
|
|
GRUPO AVAL ACCIONES Y VALORES S.A.
|
|
|
|
|
|
|
|
|
|
|
|
By:
|
/s/ Jorge Adrián
Rincón Plata
|
|
|
|
Name:
|
Jorge Adrián Rincón Plata
|
|
|
|
Title:
|
Chief Legal Counsel
|
Grupo Aval Acciones y Va... (NYSE:AVAL)
Historical Stock Chart
From Sep 2024 to Oct 2024
Grupo Aval Acciones y Va... (NYSE:AVAL)
Historical Stock Chart
From Oct 2023 to Oct 2024