Morning Call

May 6, 2024

LAB reached an agreement to redeem its equity stake in Marzam through its subsidiary Gibart. Once the transaction is completed, contingent upon customary conditions, LAB’s subsidiary will no longer be a shareholder of the pharmaceutical distributor.

 

  • BMW aims to become Mexico’s first premium electric vehicle manufacturer, planning an investment of US$860 million to build a battery module production center in San Luis Potosi by 2027.

 

  • At its shareholders’ meeting, ALSEA approved a dividend of P$1.2 per share (1.6% yield) payable on May 14.

 

  • AGUA goes ex-coupon for a capital reimbursement of P$0.5 per share (1.7% yield).

 

  • QUALITAS goes ex-coupon for a dividend of P$4.0 per share (1.9% yield).