FEMSA outlines ~$41b pesos capital distributions and expects to complete 300m-share buyback in Q2
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Fomento Económico Mexicano (FMX) announced capital distributions of approximately 41 billion pesos and plans to complete a 300 million-share buyback in Q2 2026. During the Q1 earnings call, CEO Jose Antonio Garza-Laguera highlighted the separate reporting of OXXO Mexico and the introduction of a new segment, Americas & Mobility, showcasing the company's fastest-growing operations. OXXO reported an 8.3% revenue growth.
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