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Last $94.12 USD
Change Today -0.02 / -0.02%
Volume 316.1K
FMX On Other Exchanges
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

fomento economico mex-sp adr (FMX) Snapshot

Previous Close
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52 Week High
05/14/14 - $100.80
52 Week Low
12/16/14 - $80.38
Market Cap
Average Volume 10 Days
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fomento economico mex-sp adr (FMX) Details

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages and a chain of small-format stores. It produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; waters; and still beverages comprising juice drinks, coffee, teas, milk, value-added dairy products, and isotonic drinks. The company also operates a chain of small-format stores under the OXXO brand name in Mexico, as well as operates other small-format stores, which include soft discount stores with a focus on perishables and liquor stores. As of December 31, 2013, it operated 12,812 OXXO stores in Mexico and 41 OXXO stores in Colombia. In addition, the company offers various logistics and vehicle maintenance services to clients in the beverages, consumer products, and retail industries in Mexico, Brazil, Colombia, Panama, Costa Rica, Nicaragua, and Peru; and vertical and horizontal commercial refrigerators for the soft drink, beer, and food industries. It has operations in Mexico, Central America, Colombia, Venezuela, Brazil, Argentina, and the Philippines. The company was founded in 1890 and is headquartered in Monterrey, Mexico.

156,474 Employees
Last Reported Date: 04/21/15
Founded in 1890

fomento economico mex-sp adr (FMX) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

fomento economico mex-sp adr (FMX) Key Developments

Four Firms Interested in Cruz Verde

KKR & Co. L.P. (NYSE:KKR), The Carlyle Group LP (NasdaqGS:CG), CVS Health Corporation (NYSE:CVS) and Fomento Económico Mexicano, S.A.B de C.V (BMV:FEMSA UBD) are reportedly interested in Farmacias CruzVerde S.A. Their final offers will be received in late April 2015. The sale process is being handled by JPMorgan. The owners may decide not to sell 100% of the business.

Fomento Econ Mico Mexicano, S.A.B. De C.V. Announces Cash Dividend, Payable on May 7, 2015 and November 5, 2015

Fomento Econ mico Mexicano, S.A.B. de C.V. announced the payment of a cash dividend in the amount of MXN 7,350 million, consisting of MXN 0.4581 per each Series D share and MXN 0.3665 per each Series B share, which amounts to MXN 2.1992 per BD Unit or MXN 21.992 per ADS, and MXN 1.8327 per B Unit. The dividend payment will be split in two equal payments, payable on May 7, 2015 and November 5, 2015.

Femsa Provides Capex Guidance for the Year 2015

Femsa envisages capital investments (capex) of some USD 1.350 billion for 2015. A total USD 430 million of the investments will go to the Femsa Comercio division, which operates the Oxxo convenience stores and will also take over the adjacent Oxxo Gas stations. The funds will be mainly used to open new stores and to expand into the fuel retail segment after Mexico's energy reform ended the monopoly of state-owned Pemex. The company also said that Femsa will invest USD 850 million in its franchise bottler Coca-Cola FEMSA (KOF) in 2015.


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