Equity Analysis /
Mexico

Grupo Aeroportuario del Pacifico: Flash GAP: Proposes capital reduction, 3.4% yield

  • Gap announced it will propose a capital reduction of MXN 7.80 per share, representing a 3.4% yield at current prices

  • It is positive Gap continues to make distributions, especially considering the payment to its shareholders last May

  • We expect a solid recovery to continue in the coming quarters, supporting our positive view for the group

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Banorte
3 August 2021
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