6-K

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 ExchangeAct Of 1934

For the month of March 2022

Commission File Number: 000-54290

Grupo Aval Acciones y Valores S.A.

(Exact name of registrant as specified in itscharter)

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

RELEVANTINFORMATION

Bogotá,March 28, 2022. Grupo Aval Acciones y Valores S.A. (“Grupo Aval”) informs that, as part of the transaction disclosed to the market on September 15, 2021, today it executed the spin-off of 51.6% of the shares of BAC Holding International Corp. (“BHI”) in favor of its shareholders.

The BHI shares spun off in favor of Grupo Aval's shareholders were received as a result of the spin-off executed by Banco de Bogotá S.A. ("BdeB") last Friday, March 25, by means of which BdeB spun off 75% of the shares of BHI in favor of its shareholders, including Grupo Aval, shareholder of 68.7% of BdeB's shares.

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 28, 2022