Trending: Heineken Buys EUR1 Billion Worth of Shares From Femsa
17 Februar 2023 - 2:29PM
Dow Jones News
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. (ian.walker@wsj.com.)
(END) Dow Jones Newswires
February 17, 2023 08:14 ET (13:14 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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