Unassociated Document
CONFORMED
Securities
and Exchange Commission
Washington,
D.C. 20549
FORM
6-K
Report
of
Foreign Issuer
Pursuant
to Rule 13a-16 Or 15d-16
Of
The
Securities
Exchange Act of 1934
For
the
month of April 23, 2008
BACHOCO
INDUSTRIES
(Translation
of Registrant’s name into English)
Avenida
Tecnológico No. #401
38010
Celaya, Guanajuato
(Address
of principal office)
(Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.)
(Check
One) Form
20-F
x Form
40-F
o
(Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing information to the Commission pursuant
to
Rule 12g-3-2(b) under the Securities Exchange Act of 1934.)
(Check
One) Yes o
No
x
(If
“Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b). 82__.)
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
|
Industrias Bachoco, S.A. de C.V. |
|
(Registrant)
|
Date:
April 23, 2008 By
/s/
Daniel Salazar Ferrer, CFO
TO
BUSINESS AND FOREIGN EDITORS:
Bachoco
Announces Dividends
CELAYA,
Mexico, April 23 /PRNewswire-FirstCall/ -- Industrias Bachoco S.A.B. de C.V.
("Bachoco" or "the Company") (NYSE: IBA; BMV: Bachoco), Mexico's leading
producer and processor of poultry products, announced today that its Board
of
Directors approved a dividend payment for 2008 during the Company's Annual
Shareholder Meeting held today in Mexico City.
The
Board
set a cash dividend payment of Ps. 0.5898 per share outstanding and Ps. 7.0776
per ADS (an ADS equals twelve shares).
The
dividend will be paid in three equal installments of Ps. 0.1966 per share
equivalent and Ps. 2.3592 per ADS on the following dates in 2008: May 14,
July 9
and October 8.
Company
Description
Industrias
Bachoco S.A.B. de C.V. (also referred to in this report as Bachoco or the
Company) was founded by the Robinson Bours family in 1952. The Company is
the
largest poultry company in Mexico, with over 700 production and distribution
facilities currently organized in nine complexes throughout the country.
Bachoco's main business lines are chicken, eggs and balanced feed; the Company
is also present in other business like swine, beef, margarine and turkey,
in
Mexico. The Company's headquarters are in Celaya, Guanajuato, located in
Mexico's central region.
Industrias
Bachoco made an initial public stock offering in September 1997. Its securities
are listed and traded on the BMV (Bachoco) and on the NYSE (IBA).
For
more
information, please visit Bachoco's website at http://www.bachoco.com.mx
or
contact our IR department.
This
press release contains certain forward-looking statements that are subject
to a
number of uncertainties, assumptions and risk factors that may influence
its
accuracy. Actual results may differ. Factors that could cause these projections
to differ include, but are not limited to: supply and demand, industry
competition, environmental risks, economic and financial market conditions
in
Mexico and operating cost estimates. For more information regarding Bachoco
and
its outlook, please contact the Company's Investor Relations
Department.
IR
Contacts:
Daniel
Salazar, CFO
Claudia
Cabrera, IRO
Ph.
011
52 (461)618 35 55
In
New
York:
Lucia
Domville
The
Global Consulting Group
Ph.
(646)
284 9416
SOURCE
Industrias Bachoco, S.A.B. de C.V.
-0-
04/23/2008
/CONTACT:
Investors, Daniel Salazar, CFO, or Claudia Cabrera, IRO,
/First
Call Analyst: /
/FCMN
Contact: /
/Web
site: http://www.bachoco.com.mx /
(IBA)
CO:
Industrias Bachoco, S.A.B. de C.V.
ST:
Mexico
IN:
AGR
FOD
SU:
DIV