FEMSA Announces Ordinary Dividend Proposal for 2023
March 09 2023 - 5:37PM
FEMSA Announces Ordinary Dividend Proposal for 2023
Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the
“Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces that its
Board of Directors has proposed an ordinary dividend in the amount
of Ps. 12,246 million, to be paid during 2023.
The dividend is subject to approval of the
annual shareholders meeting to be held on March 31, 2023. This
proposal represents an increase of 7.8% compared to the dividend
paid during 2022.
About FEMSAFEMSA is a company
that creates economic and social value through companies and
institutions and strives to be the best employer and neighbor to
the communities in which it operates. It participates in the retail
industry through a Proximity Division operating OXXO, a
small-format store chain, OXXO Gas, a chain of retail service
stations, and Valora, an operator of convenience and foodvenience
formats present in 5 countries in Europe. In the retail industry it
also participates though a Health Division, which includes
drugstores and related activities and Digital@FEMSA, which includes
Spin by OXXO and OXXO Premia, among other loyalty and digital
financial services initiatives. In the beverage industry, it
participates through Coca-Cola FEMSA, the largest franchise bottler
of Coca-Cola products in the world by volume; and in the beer
industry, as the second largest shareholder of Heineken, one of the
world’s leading brewers with operations in over 70 countries. FEMSA
also participates in the logistics and distribution industry
through its Strategic Business Unit, which additionally provides
point-of-sale refrigeration and plastic solutions to its business
units and third-party clients. Across its business units, FEMSA has
more than 350,000 employees in 18 countries. FEMSA is a member of
the Dow Jones Sustainability MILA Pacific Alliance, the FTSE4Good
Emerging Index and the Mexican Stock Exchange Sustainability Index:
S&P/BMV Total México ESG, among other indexes that evaluate its
sustainability performance.
Investor Contact(52)
818-328-6000investor@femsa.com.mxfemsa.gcs-web.com |
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Media Contact(52)
555-249-6843comunicacion@femsa.com.mxfemsa.com |
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