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

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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.

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

NYSE:SIM

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4.98B
74.09M
0.16%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
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United States of America
Guadalajara

About SIM

grupo simec, s.a.b. de c.v. manufactures, processes, and distributes special bar quality (sbq) steel and steel alloys products in mexico, the united states, brazil, and canada. the company produces i-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. its sbq steel products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications. the company also exports its steel products to central and south america, and europe. the company was founded in 1969 and is headquartered in guadalajara, mexico. grupo simec, s.a.b. de c.v. is a subsidiary of industrias ch, s.a.b. de c.v.