Corporacion Geo SAB de CV
8.90-0.21 (-2.31%)
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Prev Close9.11
Bid8.90 x 10000
Ask8.94 x 10000
52wk Range8.90 - 31.79
Day's Range8.90 - 9.15
Avg Vol (3m)0
As of 3:36 PM EDT. Market closed.
  • Reuters8 months ago

    Mexico's Geo says gets approval to trade shares again

    Mexican homebuilder Geo , which recently restructured its debt, said on Wednesday the country's financial market regulator had agreed to lift the suspension of its shares from next week. Shares in the company will be eligible to trade on the stock exchange from Dec. 16, taking the reference price of 9.72925739 pesos into account, Geo said in a statement. Geo's shares stopped trading on the exchange in July 2013 when the company failed to meet its quarterly reporting requirements.

  • Reuters8 months ago

    Mexico's Geo shareholders approve capital increase

    Mexican home builder Geo, which recently restructured its heavy debt load, on Thursday said it won shareholder approval to raise up to 3.5 billion Mexican pesos (about $210 million) to bring its operations back to normal and boost growth. Geo said it would issue about 359.7 million new shares, giving existing shareholders the right to purchase 6.0826 additional share for every share they own. The shareholders meeting also named Juan Carlos Braniff, general director of Capital Inmobiliario, as the new president of the board of directors to replace Luis Orvananos, who founded Geo more than 40 years ago and had been in the post since then.