Wal-Mart de México, S.A.B. de C.V. (BMV:WALMEX *) commences an Equity Buyback Plan for MXN 5,000 million worth of its shares, under the authorization approved on March 30, 2023.
February 13, 2024
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Wal-Mart de México, S.A.B. de C.V. (BMV:WALMEX *) commences share repurchases in the fourth quarter of 2023, under the program mandated by the shareholders in the Annual General Meeting held on March 30, 2023. As per the mandate, the company is authorized to repurchase up to MXN 5,000 million worth of its shares. The authorization shall be valid till next Annual General Shareholder's Meeting of the company.
Wal Mart de Mexico SAB de CV is a Mexico-based company engaged in operating self-service stores. The Company's segments include Mexico and Central America. In Mexico, the Company operates through Self-service, which includes the operation of discount stores, hypermarkets, wholesale-price membership stores and supermarkets, and Others, which includes department stores and real estate transactions with third parties. In Central America, it operates discount stores, supermarkets, hypermarkets, warehouse stores and wholesale-price membership stores in Costa Rica, Guatemala, Honduras, Nicaragua and El Salvador. It offers products in a range of categories, such as food, consumables, general merchandise and apparel. It offers products under various brand names, including Bodega Aurrera Express, Walmart, Sam's Club, Superama, Suburbia and Medimart Pharmacies. The Company also operates e-commerce business in Mexico. It is controlled by Wal Mart Stores Inc.
Wal-Mart de México, S.A.B. de C.V. (BMV: WALMEX *) commences an Equity Buyback Plan for MXN 5,000 million worth of its shares, under the authorization approved on March 30, 2023.
WAL-MART DE MÉXICO, S.A.B. DE C.V. 
