US EditionFEMSA Completes Accelerated Share Repurchase Agreement, and Announces New Agreement
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3 Articles
FEMSA Completes Accelerated Share Repurchase Agreement, and Announces New Agreement
MONTERREY, Mexico, March 23, 2026 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. ('FEMSA” or the 'Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announces...
Mexican Economic Development (FEMSA), the world's largest Coca Cola bottling company, announced a new accelerated buyback program in the United States, which seeks to strengthen its financial strategy. The agreement provides for the acquisition of American Depositary Shares (ADS) for up to $300 million (mdd), through a contract signed with a financial institution other than that used in recent previous operations.
The Mexican bottling and retailer FEMSA announced this Monday that it has concluded a new accelerated share buy-back agreement (ASR) with a financial institution in the United States to repurchase up to $300 million in American Depositary Shares (ADS), with an initial delivery of 591,774 titles in March 2026.The announcement coincides with the conclusion of the company's previous ASR, launched in December 2025, whereby it repurchased approximate…
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