Grupo LALA Announces Initiation Of Share Repurchase Program

MEXICO CITY, March 24, 2014 /PRNewswire/ -- Grupo LALA, S.A.B. de C.V. (BMV: LALAB) ("Grupo LALA" or "LALA"), Mexico's leader in healthy and nutritious foods, has announced the initiation of the Company's Share Repurchase Program, in accordance with the terms established by the Company's Board of Directors.  GBM Casa de Bolsa and Casa de Bolsa BX+ have currently been selected as brokers for the Program.

Arquimedes Celis, Grupo LALA's CEO, commented: "Our goals for the Program are focused on increasing the liquidity and maintaining a stable share price, in our ongoing effort to capitalize on opportunities that will generate improved returns on our shareholders' investment."

About LALA

Grupo LALA, (BMV: LALAB), Mexico's leader in healthy and nutritional foods, has more than 60 years of experience in the production, innovation and marketing of milk and dairy products under the highest standards of quality. LALA operates 17 production plants and 161 distribution centers in Mexico and Central America, supported by more than 30,000 employees. LALA operates a fleet of 7,300 vehicles to distribute its more than 600 products to nearly 500,000 points of sale. Grupo LALA's portfolio is led by its two main brands: LALA® and Nutri Leche®.
For more information, visit: www.grupolala.com

Grupo Lala trades on the Mexican Stock Exchange under the ticker "LALAB"

SOURCE Grupo LALA, S.A.B. de C.V.