MEXICO CITY—Wal-Mart Stores Inc.’s Mexican unit plans to return 22 billion Mexican pesos ($1.66 billion) to shareholders via dividends and share repurchases in 2014, outpacing the MXN15 billion it expects to invest in the business, Chief Financial Officer Rafael Matute told investors Monday.
The skew toward a large investor payout deviates from the norm for Mexico’s biggest retailer, which has returned to shareholders about 44% of its…
Read the original here: Wal-Mart de Mexico Sees More Dividends, Buybacks
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