Femsa announces accelerated share repurchase agreement

Monterrey, mexico, may 19, 2025 (globe newswire) -- fomento econÓmico mexicano, s.a.b. de c.v. (“femsa” or the “company”) (nyse: fmx; bmv: femsaubd, femsaub) today announced that, as part of its ongoing efforts and consistent with its capital allocation framework and commitment to enhance capital returns to shareholders, it has entered into a derivative instrument known as an accelerated share repurchase (“asr”) agreement with a financial institution in the united states of america to repurchase company's shares through the acquisition of american depositary shares (“ads”). under the terms of the asr agreement, femsa has agreed to repurchase from such financial institution an aggregate amount of usd $250 million of its ads1. the asr contemplates an initial delivery of 483,559 adss on may 20, 2025.
FMX Ratings Summary
FMX Quant Ranking