SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
6-K
REPORT
OF
FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
For
the
month of April 2008
.
FOMENTO
ECONÓMICO MEXICANO, S.A.B.
DE
C.V.
(Exact
name of Registrant as specified in its charter)
Mexican
Economic Development, Inc.
(Translation
of Registrant’s name into English)
United
Mexican States
(Jurisdiction
of incorporation or organization)
General
Anaya No. 601 Pte.
Colonia
Bella Vista
Monterrey,
Nuevo León 64410
México
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover of Form 20-F or Form 40-F:
Form
20-F x Form
40-F o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as
permitted
by Regulation S-T Rule 101(b)(1): _______
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as
permitted
by Regulation S-T Rule 101(b)(7): _______
Indicate
by check mark whether by furnishing the information contained in
this
Form,
the
registrant is also thereby furnishing the information to the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes
o
No
x
If
"Yes"
is marked, indicate below the file number assigned to the registrant
in
connection
with Rule 12g3-2(b): 82-_____________
 |
 FEMSA
Shareholders Approved
Ps.
1,620 Million Dividend
Monterrey,
Mexico, April 22, 2008—
Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX; BMV: FEMSAUBD)
(“FEMSA” or the “Company”) held its Annual Ordinary General Shareholders
Meeting today, during which shareholders approved the annual
report for
2007 presented by the Board of Directors, the Company’s consolidated
financial statements for the year ended December 31, 2007,
the declaration
of dividends corresponding to fiscal year 2007 and the composition
of the
Board of Directors for 2008.
Shareholders
approved the payment of a dividend in the amount of Ps. 1,620
million. The
dividend will be paid as of May 8, 2008 in the amount of Ps.
0.100985875
per each Series “D” share and Ps. 0.0807887 per each Series “B” share,
corresponding to Ps.
0.4847322 per “BD” Unit (BMV: FEMSAUBD), which is equivalent to Ps.
4.847322 per ADR (NYSE: FMX) and Ps. 0.4039435 per “B” Unit (BMV:
FEMSAUB). In accordance with Mexican legislation requirements,
shareholders approved the maximum amount that can potentially
be used for
stock repurchases during 2008, setting the amount at Ps. 3,000
million.
In
addition, at the special shareholders meetings, shareholders
approved the
proposals to maintain the current unit structure for our shares,
and to
maintain our existing share structure beyond May 11, 2008.
In order to
maintain this unchanged share and unit structure, our shareholders
also
voted for the amendment of the Company’s bylaws.
###
FEMSA
is the leading beverage company in Latin America. It controls
an
integrated beverage platform that comprises Coca-Cola FEMSA,
the largest
Coca-Cola bottler in the region; FEMSA Cerveza, one of the
leading brewers
in Mexico, with presence in Brazil, and an important beer exporter
to the
United States and other countries; and Oxxo, the largest and
fastest
growing convenience store chain in Mexico with over 5,500
stores.
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant
has duly caused this report to be signed on its behalf of the
undersigned,
thereunto duly authorized.
.
FOMENTO
ECONÓMICO MEXICANO, S.A. DE C.V.
| By: /s/ Javier Astaburuaga | |
| Javier Astaburuaga | |
| Chief Financial Officer | |
| Date: April 22, 2008 |