SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN ISSUER

PURSUANT TO RULE 13a-16 OR 15b-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

For the month of October, 2009

 

 

CRESUD SOCIEDAD ANONIMA COMERCIAL INMOBILIARIA

FINANCIERA Y AGROPECUARIA

(Exact name of Registrant as specified in its charter)

CRESUD INC.

(Translation of registrant’s name into English)

 

 

Republic of Argentina

(Jurisdiction of incorporation or organization)

Moreno 877, 23^rd Floor, (C1091AAQ)

Buenos Aires, Argentina

(Address of principal executive offices)

 

 

Form 20-F  x            Form 40-F  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No  x

 

 

 

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CRESUD S.A.C.I.F. and A.

(THE “COMPANY”)

REPORT ON FORM 6-K

Attached is an English translation of the summary of the letter dated September 30, 2009, filed by the Company with the Bolsa de Comercio de Buenos Aires and the Comisión Nacional de Valores:

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By letter dated September 30, 2009, the Company reported, as requested in the note sent by the Buenos Aires Stock Exchange on September 29, 2009, regarding the Company’s dividend policy previously informed, that the Board of Directors of the Company has decided to send for the upcoming Shareholders’ General Meeting the consideration of the following:

 

•

The payment of a cash dividend of up to Ps. 103,000,000 (Argentine Pesos one hundred and three million), if it would be paid fully in cash; or

 

•

The payment of a dividend in treasury shares up to the amount of 30,000,000 (Thirty million) of shares, such share price dividend could be higher to its face value, if the Shareholders’ General Meeting determines so; or

 

•

In any case the dividend payment for any concept could exceed the maximum amount of Ps. 103,000,000 (Argentine Pesos one hundred and three million), as was previously informed.

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SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Buenos Aires, Argentina.

 

Dated: October 1, 2009.