Mexican Economic Development Inc. (FEMSA) issued CHF $300 million of five-year senior unsecured bonds in the Swiss bond market, to be listed on SIX Swiss Exchange. The bonds bear interest at 107 basis points over the relevant benchmark rate and have a yield of 1.73%. S&P Global Ratings assigned a BBB+ rating and Fitch Ratings assigned an A rating.
FEMSA said proceeds will be used for general corporate purposes and stated that the issuance would improve its cost of debt and increase its financial flexibility.
FEMSA (FMX) announced a new accelerated share repurchase (ASR) agreement with a U.S. financial institution as part of its capital allocation framework and its commitment to enhance capital returns to shareholders. The program will repurchase the Company’s shares through the acquisition of American Depositary Shares (ADS).
Under the ASR, FEMSA has agreed to repurchase up to USD $280 million of its ADS, subject to market conditions, with ADSs delivered at maturity. The final number of ADSs will be determined based on the daily volume-weighted average ADS price over the term of the agreement, less a discount, and subject to contractual terms, with final settlement expected before year-end 2026.
Mexican Economic Development Inc. director Michael David Kahn purchased ADRs of the company. On 2026-08-11 he bought 2,100 ADRs in an open-market or private transaction at $118.13 per ADR, resulting in direct holdings of 2,100 ADRs. The ADRs represent American Depositary Shares, with each ADR corresponding to 10 BD Units as described in the footnote. The transaction was reported without being designated as made pursuant to a Rule 10b5-1 trading plan.
Mexican Economic Development Inc (FMX) reports the BD Unit holdings of its General Counsel, Alejandro Gil Ortiz, in an amended initial ownership statement. As of March 18, 2026, 50,359 BD Units are held indirectly for his benefit by an Employee Trust controlled by Fomento Economico Mexicano, S.A.B. de C.V. Separate holdings are also reported in the form of American Depositary Shares, where each ADR represents 10 BD Units. The BD Units themselves consist of one Series B Share, two Series D-B Shares and two Series D-L Shares.
BlackRock, Inc. filed a Schedule 13G reporting a passive ownership position in Mexican Economic Development Inc common stock. BlackRock reports beneficial ownership of 138,890,298 shares, representing 7.0% of the outstanding common stock.
Within this stake, BlackRock has sole voting power132,345,739 shares and sole dispositive power138,890,298 shares, with no shared voting or dispositive power. The filing notes that various underlying clients have rights to dividends or sale proceeds, but no individual client holds more than five percent of the company’s outstanding common shares.
Fomento Económico Mexicano (FEMSA) reported solid second-quarter 2026 results. Consolidated total revenues were Ps. 231,002 million, up 9.3% year over year (10.1% on a comparable basis). Gross profit rose 7.8% to Ps. 92,611 million, with a 40.1% gross margin, affected by a reclassification of distribution expenses in Europe and Health.
Income from operations increased 7.2% to Ps. 19,110 million, while adjusted EBITDA grew 12.7% to Ps. 33,340 million, expanding margin to 14.4%. Consolidated net income reached Ps. 9,221 million, a 64.9% increase, helped by lower non-cash foreign-exchange losses and improved results from associates, partially offset by higher net interest expense and taxes.
OXXO Mexico led performance with 11.8% revenue growth, 9.5% same-store sales growth (ticket +7.4%, traffic +2.0%), and income from operations up 12.3%, as the store base reached 24,708 units. Americas & Mobility and Health saw strong revenue but sharp operating profit declines, while Coca-Cola FEMSA delivered 4.7% revenue growth and 9.1% operating income growth with margin expansion.
MEXICAN ECONOMIC DEVELOPMENT INC director Olga Gonzalez has filed an initial Form 3, which is a required disclosure of insider holdings when someone becomes a director or certain other insider. This filing lists her status but does not report any stock transactions or derivative positions.
MEXICAN ECONOMIC DEVELOPMENT INC executive Spas Montesinos Constantino, who leads the Americas & Mobility Division, reported an open-market sale of BD Units. He sold 7,481 BD Units at an average price of $12.3808 per unit. After this sale, he directly holds 139,253 BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares, and two Series D-L Shares.
FEMSA reported that global fintech-focused venture capital firm QED Investors will make a strategic equity investment in FEMSA’s lending business unit. This unit is part of FEMSA’s digital ecosystem, complementing its payments and loyalty platforms and targeting underserved consumers in Mexico with credit solutions.
QED, which manages US$4 billion in assets and has more than 250 portfolio companies, will provide both capital and hands-on expertise in lending, risk management, product development, and organizational scaling. FEMSA will retain a majority stake, and the partnership is designed to support controlled, milestone-based growth and prudent risk management in the lending business.
Fomento Económico Mexicano (FEMSA) furnished a Form 6-K that primarily presents its completed Code of Principles and Best Corporate Governance Practices Questionnaire. The document describes how the company runs shareholder meetings, its board structure, and oversight of audit, risk, compliance, compensation, finance, and sustainability.
FEMSA reports a Board of Directors with 15 principal members and 12 alternates, including 3 independent directors and a stated 40% representation of women on the board. It confirms active intermediate committees (Audit, Corporate Practices and Nominating, Operations and Strategy, Sustainability) and quarterly board and committee reporting.
The questionnaire emphasizes sustainability and responsible business conduct, including due diligence on social and environmental impacts, whistleblower mechanisms, conflict-of-interest policies, cybersecurity and personal data frameworks, and annual sustainability reporting aligned with recognized standards and Mexican securities regulations.