Mexico's Bachoco starts buy-back of outstanding shares
Buy-back rate starts at 88.26 pesos/shareMexico's Industrias Bachoco on Friday announced it had started the buy-back of all outstanding shares at a price of 88.26 pesos per share, according to Reuters.
Bachoco, a holding company whose core business is producing chicken and egg products, is in the process of delisting from Mexico's main stock exchange.