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Grupo Aeroportuario del Pacífico Approves 2024 Financials and Dividend at Shareholders’ Meeting

Story Highlights
  • Grupo Aeroportuario del Pacífico approved its 2024 financial statements and a dividend payment.
  • The company renewed its share repurchase program with a Ps. 2.5 billion allocation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Grupo Aeroportuario del Pacifico ( (PAC) ) has issued an announcement.

On April 24, 2025, Grupo Aeroportuario del Pacífico held its Annual General Ordinary and Extraordinary Shareholders’ Meeting, where several key resolutions were adopted. The meeting, with a quorum of 88.5%, approved the financial statements for the fiscal year 2024, the allocation of net income to retained earnings, and a dividend payment of Ps.16.84 per share. The board of directors and officers were ratified, and the share repurchase program was renewed with a maximum allocation of Ps. 2.5 billion. These decisions reflect GAP’s strategic focus on financial stability and shareholder value.

Spark’s Take on PAC Stock

According to Spark, TipRanks’ AI Analyst, PAC is a Outperform.

Grupo Aeroportuario del Pacifico showcases a strong financial performance with robust profitability and effective cash flow management. However, technical indicators point to a short-term bearish trend, which could affect stock price performance. The company’s valuation is reasonable, with a good dividend yield, making it attractive for income-focused investors. The overall assessment reflects a solid financial foundation but suggests caution due to current market momentum.

To see Spark’s full report on PAC stock, click here.

More about Grupo Aeroportuario del Pacifico

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates in the airport management industry, primarily focusing on the administration, operation, and development of airports in Mexico. The company is listed on the NYSE and BMV under the ticker symbol PAC.

YTD Price Performance: 12.02%

Average Trading Volume: 91,449

Technical Sentiment Signal: Sell

Current Market Cap: $10.36B

Learn more about PAC stock on TipRanks’ Stock Analysis page.

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