Fomento Economico Mexicano Signs Accelerated Share Repurchase Agreement

10:40 AM EDT, 09/14/2026 (MT Newswires) -- Fomento Economico Mexicano (FMX), or Femsa, said Monday it has signed an accelerated share repurchase agreement with a US financial institution to buy back up to $280 million of its American depositary shares. The final number of ADSs repurchased and delivered under the agreement will be based on the daily volume-weighted average ADS price during the agreement term, with the final settlement expected to occur before the end of 2026, the company said. Shares of the company were up 2.8% in Monday trading. Price: 120.20, Change: +3.25, Percent Change: +2.78