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FEMSA agrees $280M accelerated ADR share repurchase

Fomento Económico Mexicano agreed to repurchase up to $280 million worth of American depositary shares in an accelerated share repurchase, after which its ADRs rose 3.1% to $120.62.

FEMSAUB

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05:27:13 PM UTC
SquawkNews
FEMSA ADRs Rise on $280 Million Accelerated Share Repurchase Agreement

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