Grupo Simec, S.A.B. de C.V. (NYSE: SIM) significant event (unusual movements)

Rhea-AI Summary

The issuer of SIMEC shares (ticker: SIM) reported unusual movements in share operations on June 14, 2021. The company stated that they are unaware of any specific causes for these fluctuations and attribute them to market conditions. Additionally, there has been no involvement from board members, executive officers, or the repurchase fund in these movements. The report aims to clarify the situation surrounding the unusual trading activity.

Subject: unusual movements in the negotiation of the shares comprising the share capital of "SIMEC" series "B"

GUADALAJARA, México, June, 14, 2021 /PRNewswire/ -- Regarding the unusual movements presented today in the operation of identified with ticker symbol "SIMEC" (NYSE: SIM; NYSE-MKT: SIM; Mexico: SIMECB) 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

 

View original content:http://www.prnewswire.com/news-releases/grupo-simec-sab-de-cv-nyse-sim-significant-event-unusual-movements-301311845.html

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

FAQ

What unusual movements occurred with SIMEC shares on June 14, 2021?

SIMEC shares experienced unusual trading activity, but the company stated it is unaware of specific causes.

Is there any insider involvement in the unusual share movements for SIMEC?

No, the company confirmed that board members, executive officers, or repurchase fund were not involved.

How does SIMEC explain the unusual movements in their shares?

SIMEC attributes the unusual movements to market conditions.

What is the ticker symbol for SIMEC?

The ticker symbol for SIMEC is SIM.