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Grupo Simec, S.A.B. de C.V. (NYSE: SIM) Significant Event (Unusual Movements)

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On May 10, 2021, Grupo Simec reported unusual trading activity for its shares identified by the ticker symbol SIM. The company clarified that it is unaware of any specific factors causing these movements, attributing them to market conditions. Furthermore, the organization confirmed that there is no involvement from its board members, executive officers, or repurchase funds concerning these unusual operations.

Positive
  • None.
Negative
  • Lack of clarity regarding the cause of unusual trading may create uncertainty among investors.

GUADALAJARA, Mexico, May 10, 2021 /PRNewswire/ -- Subject: unusual movements in the negotiation of the shares comprising the share capital of "SIMEC" series "B".

Regarding the unusual movements presented today in the operation of identified with ticker symbol "SIMEC" values, the issuer company reports: are not the causes of our knowledge that could give rise to them and that they correspond to conditions of the market.

Is not of knowledge presented in the movements had been involved members of its board of directors, executive officers or repurchase fund.

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

Cision View original content:http://www.prnewswire.com/news-releases/grupo-simec-sab-de-cv-nyse-sim-significant-event-unusual-movements-301287962.html

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

FAQ

What caused the unusual trading for SIM shares on May 10, 2021?

Grupo Simec stated that they are unaware of any specific factors causing the unusual trading in shares with ticker symbol SIM.

Did board members or executives influence the unusual movements in SIM shares?

No, Grupo Simec confirmed that there was no involvement from its board members or executive officers regarding the unusual movements.

What is the ticker symbol for Grupo Simec?

The ticker symbol for Grupo Simec is SIM.

When was the unusual trading activity for SIM reported?

The unusual trading activity for SIM shares was reported on May 10, 2021.

Groupo Simec, S.A.B de C.V.

NYSE:SIM

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3.96B
153.71M
0.17%
Steel
Basic Materials
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United States of America
Guadalajara