Tranche Update on GCC, S.A.B. de C.V. (BMV:GCC *)'s Equity Buyback Plan announced on May 5, 2022.
October 25, 2022
Share
From May 5, 2022 to September 30, 2022, the company has repurchased 600,000 shares, representing 0.18% for $3 million. With this, the company has completed the repurchase of 600,000 shares, representing 0.18% for $3 million under the buyback announced on May 5, 2022.
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.
GCC, S.A.B. DE C.V. 
