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

Rhea-AI Summary

On July 8, 2021, Grupo Simec reported unusual trading movements in shares identified by the ticker symbol SIM (NYSE: SIM; NYSE-MKT: SIM; Mexico: SIMECB). The company stated that it is unaware of any factors causing these movements, attributing them to market conditions. Additionally, it confirmed that board members, executive officers, or repurchase funds were not involved in these unusual trading activities.

News Market Reaction – SIM

-14.24%

-14.24% Session move

In the trading session that priced this news, SIM declined 14.24%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GUADALAJARA, Mexico, July 8, 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" (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:https://www.prnewswire.com/news-releases/grupo-simec-sabde-cv-nyse-sim-significant-event-unusual-movements-301328302.html

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

FAQ

What unusual movements were reported for SIM (NYSE) on July 8, 2021?

Grupo Simec reported unusual trading movements in its shares identified by the ticker symbol SIM on July 8, 2021.

Did Grupo Simec identify any causes for the unusual trading of SIM shares?

No, Grupo Simec stated that it is unaware of any factors causing the unusual trading movements.

Were any executives involved in the unusual movements of SIM shares?

Grupo Simec confirmed that members of its board of directors and executive officers were not involved in the unusual trading activities of SIM shares.

What ticker symbols are associated with Grupo Simec?

Grupo Simec's shares are associated with the ticker symbols SIM (NYSE), SIM (NYSE-MKT), and SIMECB (Mexico).