Overview
- Trading in Grupo Elektra was halted effective September 30, 2025 under Article 248 of the Securities Market Law, according to the exchange notice.
- The action follows a December 2024 shareholder vote to take the company private, after which Elektra said it could not reach the required public float.
- The suspension is the customary step before canceling the listing in the National Securities Registry.
- Earlier in September, the stock moved to auction-only trading after falling below the exchange’s 12% public float threshold.
- The delisting process coincides with regulatory friction with the CNBV and intensifying creditor pressure, including President Claudia Sheinbaum’s call to settle debts and a U.S. judge’s order directing TV Azteca to drop Mexican suits tied to a $580 million bond.