FEMSA Completes ASR, Announces New Agreement to Repurchase ADSs for $300M

FEMSA has completed an accelerated share repurchase agreement, repurchasing 2.5 million ADSs at an average price of $104.41 per ADS for a total amount of $260 million. The company has also entered a new ASR agreement to repurchase up to $300 million of its ADSs, with an initial delivery of 591,774 ADSs expected in March 2026. The final settlement of the new ASR agreement is expected to be completed in the second quarter of 2026.