FEMSA Forward - Focused Leadership in Retail, Beverages & Digital
Fomento Economico Mexicano S.A.B. de C.V. (FMX)
Last fomento economico mexicano s.a.b. de c.v. earnings: 10/26 05:05 pm
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US:NYSE Investor Relations:
ir.femsa.com
Company Research
Source: GlobeNewswire
MONTERREY, Mexico, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is providing additional information regarding its future capital allocation plans. These plans have been approved by the Board of Directors of FEMSA and are an integral part of, and fully consistent with, the FEMSA Forward strategy presented in February of 2023. Our capital allocation strategy is focused on driving our long-term intrinsic per-share value. We believe we have abundant attractive capital deployment opportunities. Over the next five years we expect to invest capital in core organic growth initiatives in excess of Ps. 237,000 million, with close to Ps. 170,000 million of that deployed in Mexico, where we are one of the largest employers (over 280,000 employees), and taxpayers, expecting to pay over Ps. 100,000 million in aggregate income taxes for the period between fiscal 2023 and 2028. Considering the remarka
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FMX
News
- FEMSA (FMX) Q1 Earnings Decline Year Over Year, Revenues Up [Yahoo! Finance]Yahoo! Finance
- FEMSA Announces First Quarter 2024 ResultsGlobeNewswire
- FEMSA Files 2023 SEC Annual ReportGlobeNewswire
- FEMSA Schedules Conference Call to Discuss First Quarter Financial ResultsGlobeNewswire
- FEMSA Shareholders’ Meeting ResolutionsGlobeNewswire
FMX
Sec Filings
- 4/26/24 - Form 6-K
- 4/23/24 - Form 20-F
- 4/23/24 - Form 6-K
- FMX's page on the SEC website