Grupo Simec, S.A.B. de C.V. announces repurchases of its own shares - KTEN.com - No One Gets You Closer

Grupo Simec, S.A.B. de C.V. announces repurchases of its own shares

  • Texoma HeadlinesMore>>

  • Semi driver dies in wreck on US 75 in Sherman

    Semi driver dies in wreck on US 75 in Sherman

    SHERMAN -- One man died in a wreck on Highway 75 in Sherman overnight. The driver of the semi has been identified as Kenneth Carter, 63, of Georgia. According to Sherman police, around midnight, the driver lost control of the semi and slammed into one of the pillars under Loy Lake Bridge. TxDOT is doing construction on the bridge. Police say Carter was pinned inside the cab of the truck for at least half an hour. He was pronounced dead at the scene.The truck was carrying produce and most of ...More >>
    SHERMAN -- One man died in a wreck on Highway 75 in Sherman overnight. The driver of the semi has been identified as Kenneth Carter, 63, of Georgia. According to Sherman police, around midnight, the driver lost control of the semi and slammed into one of the pillars under Loy Lake Bridge. TxDOT is doing construction on the bridge. Police say Carter was pinned inside the cab of the truck for at least half an hour. He was pronounced dead at the scene.The truck was carrying produce and most of ...More >>
  • Fourth person dies following wreck in Choctaw County

    Fourth person dies following wreck in Choctaw County

    CHOCTAW COUNTY -- A fourth person has died as a result of a car crash in Choctaw County over the weekend. The Oklahoma Highway Patrol says Crystal Sutterfield died Monday in the hospital. The crash happened Sunday night when troopers say Rodney Sutterfield ran a stop sign and pulled out in front of another car. Troopers say Sutterfield, J.W. Fleeks and Mildred Mitchell died at the scene.More >>
    CHOCTAW COUNTY -- A fourth person has died as a result of a car crash in Choctaw County over the weekend. The Oklahoma Highway Patrol says Crystal Sutterfield died Monday in the hospital. The crash happened Sunday night when troopers say Rodney Sutterfield ran a stop sign and pulled out in front of another car. Troopers say Sutterfield, J.W. Fleeks and Mildred Mitchell died at the scene.More >>
  • Earth Day Celebration Scheduled For Saturday In Sherman

    Earth Day Celebration Scheduled For Saturday In Sherman

    SHERMAN, TX -- Texomans looking for a way to get in to the spirit of Earth Day will get their chance this coming Saturday. An Earth Day festival is being held on the Sherman municipal grounds from 8:30 in the morning to 5:00 in the afternoon. There will be live music, food, and recycling trucks to help you get rid of your unwanted clutter. "And we are growing every year, this year we have a record number of vendors, and a really wide variety of vendors, we have more people approaching us...More >>
    SHERMAN, TX -- Texomans looking for a way to get in to the spirit of Earth Day will get their chance this coming Saturday. An Earth Day festival is being held on the Sherman municipal grounds from 8:30 in the morning to 5:00 in the afternoon. There will be live music, food, and recycling trucks to help you get rid of your unwanted clutter. "And we are growing every year, this year we have a record number of vendors, and a really wide variety of vendors, we have more people approaching us...More >>

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Grupo Simec, S.A.B. de C.V.

GUADALAJARA, Mexico, April 14, 2014 /PRNewswire/ -- Grupo Simec, S.A.B de C.V. (NYSE: SIM) announces to the general public that through its repurchase fund, on April 11, 2014, bought 555,000 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.

Grupo Simec and the Group who controls them, reports that they have no interest in selling their shares, as has been the case since the current administration took over, this fund will be operated only to give the necessary support to investors.

The objective of this fund is to increase the turnover of the floating shares, it is not intended to decrease or increase the current number of shares in the market.

Contact:
Mario Moreno Cortez
52-33-3770-6734
mmoreno@gruposimec.com.mx

©2012 PR Newswire. All Rights Reserved.