IBA News and Press, Industrias Bachoco S.A.B. de C.V.

2023-05-25 03:15:24 ET Mexican producer and marketer of poultry products and other food products, Industrias Bachoco ( NYSE: IBA ) has delisted its ADRs from the NYSE and is in the process of terminating its ADR program, and deregistering and terminating its obligations to pre...

Industrias Bachoco, S.A.B. de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO). A national leader in the production and marketing of poultry products and other food products, informs, following previous announcements, that it has delisted its American Depositary Receipts (“ADRs”), fro...

Industrias Bachoco, S.A.B. de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO). A national leader in the production and marketing of poultry products and other food products, today announced that its Board of Directors, considering, among other things: the results of the tender offer concluded on Novem...

2023-03-21 07:30:00 ET Summary Minimum wage changes and other worker rights legislation doesn't hit Bachoco much, but the situation around grain prices and dislocation in Ukraine remains a problem. Gross profits are falling as revenues hit slight bumps. The business should be ...

Industrias Bachoco S.A.B. de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO). A leader in the production and commercialization of poultry products and other food products in Mexico, announces that it has been informed by Edificio del Noroeste, S.A. de C.V., a vehicle in which current shareholders of t...

Industrias Bachoco press release ( NYSE: IBA ): Q4 GAAP EPS of Ps0.13. Revenue of Ps23.63B (+11.2% Y/Y). For further details see: Industrias Bachoco GAAP EPS of Ps0.13, revenue of Ps23.63B

Industrias Bachoco, S.A.B. de C.V. , “Bachoco” or “the Company”, (NYSE: IBA; BMV: Bachoco) announced today its unaudited results for the fourth quarter (“4Q22”) and full year (“2022”) ending on December 31 st , 2022. All figures ha...

Industrias Bachoco ( NYSE: IBA ) on Thursday announced the retirement of its CEO, Rodolfo Ramos Arvizu. The company named Ernesto Salmon Castelo as its new chief executive officer. The changes will take effect as of April 17th, 2023. For further details see: ...

Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) (NYSE: IBA; BMV: Bachoco), announces today the starting of the retirement process of its Chief Executive Officer Mr. Rodolfo Ramos Arvizu. Mr. Ramos, joined Bachoco in 1980 and has held the CEO responsi...

Summary The company has over $1 billion in cash and is trading at below 7.5x forward price to earnings. In 2022, the founding family launched a tender offer for the 26.75% they didn’t own, with the idea of delisting Bachoco from both the Mexican and New York stock exchanges. ...