Grupo México Transportes (GMXT) shares gained 0.98% on Wednesday compared to the previous day, following the announcement of its possible delisting from the Mexican Stock Exchange (BMV) .
At the close of trading, the stock closed at 35.01 pesos per share , while the high was 35.68 pesos per share.
Grupo México’s railroad division informed the Mexican stock market that it has called an extraordinary general meeting for June 27 , where it will raise the issue with its shareholders.
He also indicated that approval will be sought to carry out the financing contract , as well as to execute each and every one of the related documents.
In addition to the appointment of delegates to implement the resolutionsadopted by the assembly and, where appropriate, formalize them as appropriate.
GMXT operates more than 11,000 kilometers of track in Mexico, as well as in Florida and Texas in the United States .
In its first-quarter 2025 report, the company explained that despite economic and commercial instability coupled with weather events in the United States, it achieved a 5.7% increase in revenue compared to the same period last year, despite a decrease in transported volumes.
“GMXT maintains its commitment to investing in Mexico by launching its 2025 investment plan totaling $410 million, which includes the acquisition of rail equipment and new projects on the network, yards, and terminals. This will enable the execution of expansion, safety, and efficiency projects, improving service and productivity and enabling us to address new growth opportunities,” the company stated.
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