I am mostly disgusted by the following: "The Company's corporate, general and administrative expenses for the fourth quarter ended December 31, 2003 were Ps. 21,157,000, an increase of 82.0% compared to Ps. 11,623,000 reported for the same period of 2002. This change was mainly attributable to lower executive compensation during the fourth quarter of 2002."
A good reminder of the risk of buying a foreign company controlled by a family. Maybe this explains why they don't do buyback.