FMX · Fomento Económico Mexicano, S.A.B. de C.V.

Summary

FEMSA completed an accelerated share repurchase (ASR) of approximately 2.5 million ADSs at an average price of $104.41 per ADS for a total of USD $260 million, with final settlement on March 23 and 24, 2026. The Company entered a new ASR with a U.S. financial institution for up to USD $300 million in ADSs, with initial delivery of 591,774 ADSs in March 2026 and final settlement in Q2 2026.

Key takeaways

• Completed ASR from December 2025: repurchased ~2.5 million ADSs
• Average price $104.41 per ADS, total USD $260 million
• Final settlement March 23-24, 2026
• New ASR: up to USD $300 million ADSs with different U.S. financial institution
• Initial delivery of 591,774 ADSs in March 2026
• Final shares based on daily VWAP less discount, settlement Q2 2026