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Mexican Stock Exchange Suspends Grupo Elektra Shares as Privatization Advances

The bourse cited the company’s inability to meet the minimum public float required to remain listed.

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.