FMX Stock Recent News
FMX LATEST HEADLINES
Fomento enters into an accelerated share repurchase agreement. The company progresses smoothly on its Forward plan.
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.
MONTERREY, Mexico, April 30, 2025 (GLOBE NEWSWIRE) -- Fomento Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC) followed by its annual report, for the same period, with the Comisión Nacional Bancaria y de Valores (Mexican Banking and Securities Commission) and the Bolsa Mexicana de Valores (Mexican Stock Exchange).
FMX's mixed Q1 results reflect gains from revenue growth across all business units, offset by higher operating expenses, which pressured margins.
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q1 2025 Earnings Conference Call April 28, 2025 10:00 AM ET Company Participants Juan Fonseca - IR Jose Antonio Fernandez Carbajal - CEO Martin Arias - CFO Conference Call Participants Tiago Bortoluci - Goldman Sachs Ben Theurer - Barclays Bob Ford - Bank of America Ricardo Alves - Morgan Stanley Alvaro Garcia - BTG Hector Maya - Scotiabank Ulises Argote - Santander Froylan Mendez - JP Morgan Rodrigo Alcantara - UBS Operator Welcome to the FEMSA's First Quarter 2025 Results Conference Call.
MONTERREY, Mexico, April 28, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the first quarter of 2025.
A lot is finally going right for Femsa's capital allocation. The Oxxo-driven earnings growth story is also playing out. Investors get paid a good yield to sit and wait.
Investors may keep a tab on stocks like SYF, PEBO, CIB, TRV and FMX, which have lately hiked their dividend payments.
FEMSA stands to gain from its FEMSA Forward strategy, digital growth, and retail strength in Proximity and Health, fueling long-term growth and value creation.
MONTERREY, Mexico, April 11, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) held its Annual Shareholders' Meeting today (“the Shareholders' Meeting”), during which the shareholders approved the consolidated financial statements for the year ended December 31, 2024, the 2024 CEO's annual report and the opinion of the Board of Directors for the year 2024.