IBA News and Press, Industrias Bachoco S.A.B. de C.V. From 01/07/23

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. ...

Industrias Bachoco S.A.B. de C.V. (“Bachoco” or “the Company”) ( NYSE: IBA; BMV: BACHOCO), announced today that it has achieved a business agreement to acquire 100% of the capital equity of Norson Holding S. de R.L. of C.V., a vertically integrated pork producer an...

Industrias Bachoco S.A.B. de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO) announced that, after the completion of the acceptance and settlement processes of the tender offer initiated by a vehicle in which current shareholders of Bachoco participated, as offeror (the “Offerorȁ...

Industrias Bachoco S.A.B. de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO) announced today that Casa de Bolsa BBVA México, S.A. de C.V., Grupo Financiero BBVA México and Citibanamex Casa de Bolsa, S.A. de C. V, Casa de Bolsa, a member of Grupo Financiero Citibanamex, as intermedi...

Industrias Bachoco press release ( NYSE: IBA ): Q3 GAAP EPS of Ps.1.62. Revenue of Ps. 24.46B (+20.9% Y/Y). For further details see: Industrias Bachoco GAAP EPS of Ps.1.62, revenue of Ps.24.46B

Industrias Bachoco, S.A.B. de C.V., “Bachoco” or “the Company”, (NYSE: IBA; BMV: Bachoco) announced today its unaudited results for the third quarter (“3Q22”) and nine months (“9M22”) ended on September 30, 2022. All figures have b...

Summary Industrias Bachoco, S.A.B. de C.V. Q2 earnings reported margin improvements on higher sales. Forward-looking earnings estimates continue to increase. The stock's valuation, technicals, and profitability trends all point to rising prices here. Earnings Stren...

Industrias Bachoco ( NYSE: IBA ) announces that a vehicle in which current shareholders of the Robinson Bours family participate communicated to Board of Directors, the commencement of a voluntary tender offer for up to all of shares, including shares ADRs, represe...

Industrias Bachoco S.A.B. de C.V. ("Bachoco") (NYSE: IBA; BMV: BACHOCO), announces, that a vehicle (the Offeror) in which current shareholders of the Robinson Bours family participate communicated to Bachoco’s Board of Directors, the commencement of a voluntary tender offer for u...

Industrias Bachoco S.A.B. de C.V. ("Bachoco" or the “Company”) (NYSE: IBA; BMV: BACHOCO), announces that the members of the Board of Directors of the Company (the “Board”) met today, regarding the intention of certain shareholders to make a voluntary tender o...