Markets: Argentina

Key Facts

—Ratio. YPF executed a 10-for-1 stock split effective August 4, 2026, converting each ARS 10 par-value share into ten ARS 1 par-value shares, with total share capital unchanged at ARS 3.93 billion.

—Retail push. The split cuts YPF’s nominal share price to roughly the cost of a coffee, part of a plan to let users buy shares directly from the YPF mobile app without a traditional brokerage account.

—Price shift. YPFD shares on ByMA fell from about ARS 82,900 pre-split to roughly ARS 8,155 post-split, a purely mechanical repricing that leaves total portfolio value unchanged.