Mexican lender Crédito Real SAB de CV repurchased 250,000 shares at market price to strengthen the company's stock market position under the current economic and financial environment.
The shares were repurchased under a program that authorizes the company to buy back shares in 2018 for an amount equivalent to the balance of its net income, including retained earnings as of year-end 2017.
The program was approved by shareholders in April, Crédito Real said.
