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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 猫 previsto per essere pagato il 7 agosto 2024, agli azionisti registrati entro il 30 luglio 2024. L'annuncio 猫 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 M茅xico (NYSE:BWMX), tambi茅n conocido como BeFra, ha anunciado planes para pagar un dividendo de MX $250,000,000, sujeto a la aprobaci贸n de los accionistas. Esto se traduce en aproximadamente US $0.3398 por acci贸n despu茅s de las retenciones fiscales. Se prev茅 que el dividendo sea pagado el 7 de agosto de 2024, a los accionistas registrados hasta el 30 de julio de 2024. El anuncio est谩 pendiente de la aprobaci贸n formal en la reuni贸n 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.

氅曥嫓旖旍潣 Betterware (NYSE:BWMX), BeFra搿 鞎岆牑歆 鞚 須岇偓電 氚半嫻旮堨潉 歆旮夗暊 瓿勴殟鞚 氚滍憸頄堨姷雼堧嫟 - MX $250,000,000, 欤检< 鞀轨澑 臁瓣贝. 鞚措姅 靹戈笀 瓿奠牅毳 瓿犽牑頄堨潉 霑 欤茧嫻 鞎 US $0.3398鞐 頃措嫻頃╇媹雼. 氚半嫻旮堨潃 2024雲 8鞗 7鞚鞐 歆旮夒悹 鞓堨爼鞚措┌, 2024雲 7鞗 30鞚 旮办 欤检<霌れ棎瓴 歆旮夒惄雼堧嫟. 鞚 氚滍憸電 2024雲 7鞗 19鞚检棎 鞓堨爼霅 欤检<齑濏殞鞐愳劀鞚 瓿奠嫕 鞀轨澑鞚 旮半嫟毽碃 鞛堨姷雼堧嫟. 鞚 臁办箻電 BeFra臧 欤检<鞐愱矊 臧旃橂ゼ 霃岆牑欤茧牑電 鞚橃毳 雮橅儉雮措┌ 須岇偓鞚 旮嶌爼鞝侅澑 鞛 鞁れ爜鞚 鞁滌偓頃 靾 鞛堨姷雼堧嫟.

Betterware de Mexico (NYSE:BWMX), 茅galement connu sous le nom de BeFra, a annonc茅 des plans pour verser un dividende de MX $250.000.000, sous r茅serve de l'approbation des actionnaires. Cela repr茅sente environ US $0,3398 par action apr猫s retenues fiscales. Le dividende devrait 锚tre vers茅 le 7 ao没t 2024, aux actionnaires enregistr茅s au 30 juillet 2024. L'annonce attend une approbation formelle lors de l'assembl茅e des actionnaires pr茅vue pour le 19 juillet 2024. Cette initiative t茅moigne de l'engagement de BeFra 脿 restituer de la valeur 脿 ses actionnaires et pourrait indiquer une performance financi猫re positive pour l'entreprise.

Betterware de Mexico (NYSE:BWMX), auch bekannt als BeFra, hat Pl盲ne zur Auszahlung einer Dividende von MX $250.000.000 angek眉ndigt, die der Genehmigung der Aktion盲re unterliegt. Dies entspricht ungef盲hr US $0,3398 pro Aktie nach Steuerabz眉gen. Die Dividende soll am 7. August 2024 an die zum 30. Juli 2024 registrierten Aktion盲re ausgezahlt werden. Die Ank眉ndigung steht noch unter dem Vorbehalt der formellen Genehmigung bei der Aktion盲rsversammlung, die f眉r den 19. Juli 2024 angesetzt ist. Dieser Schritt zeigt BeFras Engagement, den Aktion盲ren Wert zur眉ckzugeben, und k枚nnte 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:路 "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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