, will step down as chairman and vacate his position as a board member effective March 31 due to personal health concerns. BSC said that Mr. Villavicencio’s role as Chairman will be assumed by its two Vice Chairs, , and that it will “undergo the proper process in deliberating on the replacing individual for the vacancy.
It’s down almost 92% over the past three years, down 42% over the past 12 months, and down 19% just from the start of this year. I don’t see a lot of hope for BSC to change that trend in the near future given how sudden this change is and how two incumbents will share the chairmanship while a process gets started to find the eventual replacement. It looks like the stock price is approaching some asymptotic floor, but that’s the thing with stocks: it can always get worse.