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Grupo Simec SAB de CV announces repurchases of its own shares

Monday, 10 Feb 2014 06:28pm EST 

Grupo Simec SAB de CV:Says the general public that through its repurchase fund, on Feb. 07, 2014, bought 430,000 of its own shares, (SIMEC-B).Grupo Simec S.A.B de C.V. has authorized a repurchase fund of $ 1,000 million pesos, which will be used to support interested investors in generating greater liquidity of its stock in the market, buying stocks when needed and selling them when there is excess of demand. 

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