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BBB Foods, Inc. Class A ( (TBBB) ) just unveiled an update.
On February 7, 2025, BBB Foods Inc. announced the successful closing of a secondary offering of 21,000,000 Class A common shares sold by certain shareholders at $28.25 per share. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as global coordinators, while Banco BTG Pactual, S.A., Santander US Capital Markets LLC, and Scotia Capital (USA) Inc. served as joint bookrunners. This move is expected to enhance the company’s financial position and market presence.
More about BBB Foods, Inc. Class A
BBB Foods Inc., a proudly Mexican company, is a leader in the grocery hard discount model in Mexico and one of the fastest-growing retailers in the country, focusing on providing great quality products at bargain prices to budget-savvy consumers. Known by its brand name Tiendas 3B, the company operates under the slogan ‘Bueno, Bonito y Barato’, which translates to ‘Good, Nice and Affordable’, contributing to the economic well-being of Mexican families. It was listed on the New York Stock Exchange in February 2024.
YTD Price Performance: -8.90%
Average Trading Volume: 902,473
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.03B
See more data about TBBB stock on TipRanks’ Stock Analysis page.
