Skip to Content
Global News Select

Trending: Heineken Buys EUR1 Billion Worth of Shares From Femsa

1258 GMT - Heineken NV is among the most mentioned companies across news items over the past six hours, according to Factiva data, after the company bought back 1 billion euros ($1.07 billion) of shares from Fomento Economico Mexicano SAB de CV. The Dutch brewer has bought 7.8 million of its own shares at EUR91 each and 3.9 million shares of Heineken Holding NV at EUR75 each. Femsa is selling its investment in Heineken as part of a focus on its retail, Coca-Cola Femsa and digital businesses. Prior to the sale Femsa owned 8.6% of Heineken's issued share capital, according to FactSet data. Heineken NV shares are trading 1.2% higher at EUR95.38; Heineken Holdings shares are down 0.6% at EUR77.35. Dow Jones & Co. owns Factiva. (


(END) Dow Jones Newswires

February 17, 2023 08:14 ET (13:14 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

Market Updates

Stock Picks