Becle, S.A.B. de C.V. (BMV:CUERVO *) announces an Equity Buyback for MXN 3,300 million worth of its shares.
April 25, 2018
Share
Becle, S.A.B. de C.V. (BMV:CUERVO *) announces a share repurchase program. Under the program, the company will repurchase up to MXN 3,300 million worth of shares.
Becle SAB de CV is a Mexico-based company engaged in the beverages industry. The Company focuses on the production, bottling, trade and distribution of alcoholic and non-alcoholic beverages. Its offer includes various types of tequila distributed under own Jose Cuervo brand name, non-alcoholic drinks, ready-to-drink beverages, as well as other distilled alcohols distributed under third-party brand names, including Three Olives, Hangar 1, Stranahan's, Bushmills and Boodles. Its distribution chain comprises operations in the United States, Mexico and other countries. In addition, the Company is involved in the farming and processing of blue agave. The Company owns a number of subsidiaries, such as Tequila Cuervo la Rojena SA de CV, Casa Cuervo SA de CV and Azul Agricultra y Servicios SA de CV.
BECLE, S.A.B. DE C.V. 
