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1h ago

BMV Suspends Trading in Grupo Elektra Shares as Delisting Nears

The exchange said it acted under Mexican securities law because the company disclosed it cannot meet the minimum public float.

Desliste de Elektra en la Bolsa Mexicana genera alerta en Moody’s: perspectiva negativa
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Overview

  • The Bolsa Mexicana de Valores invoked Article 248 of the Ley del Mercado de Valores to halt quotations effective September 30, 2025.
  • Grupo Elektra informed the market it could not maintain the required free float while it proceeds to cancel its registration in the National Securities Registry.
  • The suspension is a procedural step that precedes the definitive removal of the company’s shares from the Mexican stock market.
  • Shareholders approved returning the company to private ownership in December 2024, and Grupo Elektra is controlled by Ricardo Salinas Pliego.
  • The exit process has coincided with disputes with the CNBV and followed a shift earlier this month to auction-only trading after falling below the 12% free-float threshold.