Betterware de Mexico P I de C : México Announces a Dividend Payment of Mexican Pesos $50 million - Form 6-K
December 12, 2022 at 01:30 pm EST
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Betterware de México Announces a Dividend Payment of Mexican Pesos $50 million
Guadalajara, Jalisco, México; December 12, 2022 - Betterware de Mexico S.A.P.I. de C.V. (Nasdaq: BWMX) ("Betterware") announced that it will pay an aggregate dividend of MX$50,000,000, which represents approximately US$0.0608 per share. The distribution is expected to take place no later than December 22, 2022.
Investor Relations Contacts
Company:
Investor Relations
ir@better.com.mx
+52 (33) 3836 0500
Or:
ICR
Investor Relations:
Allison Malkin
203-682-8225
Public Relations
Alecia Pulman
203-682-8224
About Betterware
Founded in 1995, Betterware de Mexico is the leading direct-to-consumer company in Mexico focused on offering innovative products that solve specific needs regarding organization, practicality, space saving and hygiene within the household. With the acquisition of JAFRA on April 7, 2022, the Company now offers a leading brand of Direct Selling in the Beauty and Personal Care products industry in Mexico and the United States where it offers Fragrances, Color & Cosmetics, Skin Care and Toiletries. The combined company possesses an asset-light business model with low capital expenditure requirements and a track record of strong profitability, double digit rates of revenue growth and free cash flow generation. Today, the Company distributes its products in Mexico and Guatemala, and with its recent acquisition, it now has gained presence in the United States through JAFRA's portfolio of products.
Betterware de Mexico SA de CV published this content on 12 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 December 2022 18:23:05 UTC.
Betterware de Mexico, S.A.B. DE C.V.. is a Mexico-based company that sells household appliances through an online portal. The Company operates through a Catalogue that shows the different retail household products that it comprises,including kitchen appliances, garden tools, and everyday accesories among other categories. The Company operates accross all of the Mexican states as Betterware's products reach every city in Mexico due to the strategic position of their production plant.