The shareholders of Empresas ICA, S.A.B. de C.V. (BMV:ICA *) authorized a share repurchase program at its Special General Meeting on April 14, 2011. Under the program, shareholders approved the use of MXN 1 billion for the repurchase reserve. On November 17, 2011, the shareholders of the company authorized an increase the authorization of MXN 850 million, thereby taking the program to MXN 1.85 billion. Till September 30, 2011, Empresas ICA repurchased 34,419,000 shares for MXN 669.11 million. As of December 31, 2011, Empresas ICA has repurchased 40,989,000 shares for MXN 796.57 million. Empresas ICA, S.A.B. de C.V.'s share repurchase program expired on April 19, 2012.