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BeFra Announces a Dividend Payment of $250 Million Mexican Pesos

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Betterware de Mexico (NYSE:BWMX), also known as BeFra, has announced plans to pay a dividend of MX $250,000,000, subject to shareholder approval. This translates to approximately US $0.3398 per share after tax withholdings. The dividend is scheduled to be paid on August 7, 2024, to shareholders of record as of July 30, 2024. The announcement is pending formal approval at the shareholders meeting set for July 19, 2024. This move demonstrates BeFra's commitment to returning value to its shareholders and may indicate positive financial performance for the company.

Betterware de Mexico (NYSE:BWMX), noto anche come BeFra, ha annunciato piani per distribuire un dividendo di MX $250.000.000, soggetto all'approvazione degli azionisti. Questo corrisponde a circa US $0.3398 per azione dopo le ritenute fiscali. Il dividendo è previsto per essere pagato il 7 agosto 2024, agli azionisti registrati entro il 30 luglio 2024. L'annuncio è in attesa di approvazione formale durante l'assemblea degli azionisti fissata per il 19 luglio 2024. Questa mossa dimostra l'impegno di BeFra a restituire valore ai propri azionisti e potrebbe indicare una performance finanziaria positiva per l'azienda.

Betterware de México (NYSE:BWMX), también conocido como BeFra, ha anunciado planes para pagar un dividendo de MX $250,000,000, sujeto a la aprobación de los accionistas. Esto se traduce en aproximadamente US $0.3398 por acción después de las retenciones fiscales. Se prevé que el dividendo sea pagado el 7 de agosto de 2024, a los accionistas registrados hasta el 30 de julio de 2024. El anuncio está pendiente de la aprobación formal en la reunión de accionistas programada para el 19 de julio de 2024. Esta medida demuestra el compromiso de BeFra de devolver valor a sus accionistas y puede indicar un rendimiento financiero positivo para la empresa.

멕시코의 Betterware (NYSE:BWMX), BeFra로 알려진 이 회사는 배당금을 지급할 계획을 발표했습니다 - MX $250,000,000, 주주 승인 조건. 이는 세금 공제를 고려했을 때 주당 약 US $0.3398에 해당합니다. 배당금은 2024년 8월 7일에 지급될 예정이며, 2024년 7월 30일 기준 주주들에게 지급됩니다. 이 발표는 2024년 7월 19일에 예정된 주주총회에서의 공식 승인을 기다리고 있습니다. 이 조치는 BeFra가 주주에게 가치를 돌려주려는 의지를 나타내며 회사의 긍정적인 재무 실적을 시사할 수 있습니다.

Betterware de Mexico (NYSE:BWMX), également connu sous le nom de BeFra, a annoncé des plans pour verser un dividende de MX $250.000.000, sous réserve de l'approbation des actionnaires. Cela représente environ US $0,3398 par action après retenues fiscales. Le dividende devrait être versé le 7 août 2024, aux actionnaires enregistrés au 30 juillet 2024. L'annonce attend une approbation formelle lors de l'assemblée des actionnaires prévue pour le 19 juillet 2024. Cette initiative témoigne de l'engagement de BeFra à restituer de la valeur à ses actionnaires et pourrait indiquer une performance financière positive pour l'entreprise.

Betterware de Mexico (NYSE:BWMX), auch bekannt als BeFra, hat Pläne zur Auszahlung einer Dividende von MX $250.000.000 angekündigt, die der Genehmigung der Aktionäre unterliegt. Dies entspricht ungefähr US $0,3398 pro Aktie nach Steuerabzügen. Die Dividende soll am 7. August 2024 an die zum 30. Juli 2024 registrierten Aktionäre ausgezahlt werden. Die Ankündigung steht noch unter dem Vorbehalt der formellen Genehmigung bei der Aktionärsversammlung, die für den 19. Juli 2024 angesetzt ist. Dieser Schritt zeigt BeFras Engagement, den Aktionären Wert zurückzugeben, und könnte auf eine positive finanzielle Leistung des Unternehmens hinweisen.

Positive
  • Planned dividend payment of MX $250,000,000 (approx. US $0.3398 per share)
  • Demonstrates ability to return value to shareholders
  • Potential indication of strong financial performance
Negative
  • None.

GUADALAJARA, Mexico--(BUSINESS WIRE)-- Betterware de Mexico, SAP.I. de C.V. (NYSE:BWMX) ("BeFra" or the "Company"), announced that, subject to formal approval by means of the shareholders meeting to be held on July 19, 2024, it intends to pay an aggregate dividend of MX $250,000,000; which represents approximately US S0.3398 per share after applicable tax withholdings. The dividend is payable on August 7, 2024 to shareholders of record as of July 30, 2024.

About Betterware

Founded in 1995. Betterware de Mexico is the leading direct-to-consumer company in Mexico focused on offering innovative products that solve specific needs related to household organization. practicality, space-saving, and hygiene. Through the acquisition of JAFRA on April 7, 2022, the Company now offers a leading brand of direct-to-consumer in the Beauty market in Mexico and the United States where it offers Fragrances. Color & Cosmetics. Skin Care. and Toiletries. The combined company possesses an asset-light business model with low capital expenditure requirements and a track record of strong profitability, double digit rates of revenue growth and free cash flow generation. Today, the Company distributes its products in Mexico and in the United States of America.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. Forward- looking statements include statements concerning plans.objectives.goals,strategies. future events or performance. and underlying assumptions and other statements. which are other than statements of historical facts. The words "believe: "anticipate:· "intends," "estimate," "potential," "may.'' "should," "expect" "pending" and similar expressions identify forward- looking statements. The forward-looking statements in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.

Company:

BeFra IR iroffice@better.com.mx

+52 (33) 3836 0500 Ext. 2011

lnsplR:

Investor Relations Barbara Cano

barbara@inspirgroup.com

Source: Betterware de Mexico, SAP.I. de C.V.

FAQ

What is the dividend amount announced by Betterware de Mexico (BWMX)?

Betterware de Mexico (BWMX) announced a planned dividend of MX $250,000,000, which is approximately US $0.3398 per share after tax withholdings.

When is the dividend payment date for Betterware de Mexico (BWMX)?

The dividend payment date for Betterware de Mexico (BWMX) is scheduled for August 7, 2024, subject to shareholder approval.

What is the record date for Betterware de Mexico's (BWMX) dividend?

The record date for Betterware de Mexico's (BWMX) dividend is July 30, 2024. Shareholders on record as of this date will be eligible for the dividend payment.

When is the shareholders meeting for Betterware de Mexico (BWMX) to approve the dividend?

The shareholders meeting for Betterware de Mexico (BWMX) to formally approve the dividend is scheduled for July 19, 2024.

Betterware de Mexico, S.A.P.I. de C.V.

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