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|FMX Stock Split History|
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Fomento Economico Mexicano S.A.B. de C.V. (FMX) has 1 split in our FMX split history database. The split for FMX took place on May 31, 2007. This was a 3 for 1 split, meaning for each share of FMX owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Fomento Economico Mexicano S.A.B. de C.V. splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the FMX split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fomento Economico Mexicano S.A.B. de C.V. shares, starting with a $10,000 purchase of FMX, presented on a split-history-adjusted basis factoring in the complete FMX split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||-0.82%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-0.81%|
|About Fomento Economico Mexicano S.A.B. de C.V.|
|Fomento Economico Mexicano participates in: the beverage industry, through its subsidiary Coca-Cola FEMSA, S.A.B. de C.V. a franchise bottler of Coca-Cola products; the retail industry, through its subsidiary FEMSA Comercio, S.A. de C.V. comprised of the Proximity Division, operating the OXXO store chain, the Fuel Division, operating the OXXO Gas chain of retail service stations and the Health Division, which includes drugstores and related operations; the beer industry, through the Heineken Investment; and other ancillary businesses, through its Other Businesses, including logistics services, distribution, point-of-sale refrigeration, food processing equipment and plastics solutions. According to our FMX split history records, Fomento Economico Mexicano S.A.B. de C.V. has had 1 split.|
|FMX Split History Table|
|05/31/2007||3 for 1|
|Energy Stock Splits|
|FMX is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:|