Bimbo to pay 40c per share

by Jeff Gelski
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MEXICO CITY — Grupo Bimbo S.A.B. de C.V. will pay a cash dividend of 40c per share as of May 7, the company said at its general ordinary shareholders meeting April 19. Also at the meeting, Bimbo gave its approval for the stock buyback fund remaining at NP600 million ($54.7 million). Bimbo on April 26 plans to give its results for the first quarter of the fiscal year.

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