Tranche Update on Alicorp S.A.A.'s Equity Buyback Plan announced on July 18, 2022.
October 30, 2022
Share
From July 18, 2022 to September 30, 2022, the company has repurchased 26,340,966 shares, representing 3.08% for PEN 150 million. With this, the company has completed the repurchase of 26,340,966 shares, representing 3.08% for PEN 150 million under the buyback announced on July 18, 2022.
Alicorp SAA is a Peru-based company engaged in the food processing industry. The Company operates through four business segments: Massive Consumption, Industrial Products, and Nutrition for Animals, and Others Services. The Companyâs activities include the production, packaging and distribution of a variety of oils, pastas, flour, cookies, sauces, instant soft drink powders, pet food and Omega-3 fatty acid, among others. It is also involved in the manufacture and sale of cosmetics, personal care and cleaning products. The Companyâs products are marketed nationwide, as well as exported to Chile, Bolivia, Colombia, Ecuador, Venezuela, Haiti, Guatemala, Costa Rica, the United States, the Dominican Republic, Nicaragua, Canada, Panama, Mauritius, Curacao, China, the Bahamas, Norway, Japan and Honduras.