Grupo Aeroportuario del Pacifico Announces Payment Date for the First Installment of the Dividend Approved by the Annual General Ordinary Shareholders' Meeting
GUADALAJARA, Mexico, May 14, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ('the Company' or 'GAP') announces that, following the resolution adopted by the Annual General Ordinary Shareholders' Meeting held on April 24, 2025, regarding the payment of a total dividend of Ps. 16.84 (SIXTEEN PESOS 84/100 M.N.) per outstanding share, the Company decided to make the dividend payment in two installments.
The first installment will be equivalent to Ps. 8.42 (EIGHT PESOS 42/100 M.N.) per outstanding share and will be paid on May 28, 2025.
The dividend payment will correspond to the forty such payment.
Company Description
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico's Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis. In February 2006, GAP's shares were listed on the New York Stock Exchange under the ticker symbol 'PAC' and on the Mexican Stock Exchange under the ticker symbol 'GAP'. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019.
This press release may contain forward-looking statements. These statements are statements that are not historical facts and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance, and financial results. The words 'anticipates', 'believes', 'estimates', 'expects', 'plans' and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations, and the factors or trends affecting financial condition, liquidity, or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends, or results will occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and Article 42 of the 'Ley del Mercado de Valores', GAP has implemented a 'whistleblower' program, which allows complainants to anonymously and confidentially report suspected activities that involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com. GAP's Audit Committee will be notified of all complaints for immediate investigation.
Alejandra Soto, Investor Relations and Social Responsibility Officer
asoto@aeropuertosgap.com.mx
Gisela Murillo, Investor Relations
gmurillo@aeropuertosgap.com.mx+52 33 3880 1100 ext. 20294
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Hill
3 hours ago
- The Hill
US markets need accountability — it would be a mistake to dismantle Sarbanes-Oxley
Recently, the House Financial Services Committee approved a proposal to dissolve the Public Company Accounting Oversight Board, which supervises audits of publicly listed companies, and transfer its responsibilities to the Securities and Exchange Commission. In times of economic uncertainty, the strength and integrity of our financial systems become even more crucial. Regardless of the outcome with the board, it would be a mistake to eliminate the broader Sarbanes-Oxley framework that has served as a foundation for market integrity since 2002. Dismantling these guardrails would increase the risk of financial reporting fraud that could trigger a crisis of confidence among investors and increased market volatility, putting trillions of dollars in market value and retirement savings at risk. The bipartisan Sarbanes-Oxley Act was enacted in 2002 in the wake of a number of accounting scandals, most prominently Enron and WorldCom, which wiped out billions in market value and retirement savings. It passed with overwhelming support in both houses, reflecting the urgency lawmakers felt to address the crisis threatening our capital markets. At its core, Sarbanes-Oxley established crucial guardrails. Section 404 requires companies to maintain robust internal controls over financial reporting, while Section 302 mandates that CEOs and CFOs personally certify the accuracy of financial statements. These provisions ensure that those who lead corporations are accountable for the integrity of their financial disclosures. Sarbanes-Oxley also established independent oversight of auditors responsible for verifying financial statements. This provided essential third-party assurance that investors could trust what companies report — a crucial element in rebuilding market confidence. Critics of Sarbanes-Oxley complain that compliance costs are a burden on businesses. While initial implementation was indeed expensive, companies have since learned to leverage technology and risk-based approaches to streamline the process. Research from firms like Protiviti and AuditBoard consistently shows that these costs have decreased over time as processes have become more efficient. More importantly, we must weigh these costs against the benefits. The data is compelling: financial restatements, which initially surged after Sarbanes-Oxley implementation as companies 'cleaned up' their books, have shown a sustained downward trend. According to the Center for Audit Quality, restatements rose sharply right after the law was enacted, to nearly 1,800 in 2006, but have generally trended downward overall since — with a substantial decline of 60 percent between 2006 and 2009. Restatements dropped 50 percent, from 858 restatements in 2013 to just 402 in 2022, XBRL reported. America's capital markets remain the envy of the world precisely because investors trust them. Foreign companies willingly subject themselves to our rigorous standards because the resulting investor confidence translates into better valuations and capital access. This trust premium has contributed to trillions in market value growth over the past two decades. As this regulatory reorganization is considered, we should ensure that any structural changes don't inadvertently weaken the broader framework of Sarbanes-Oxley that delivers accountability, transparency and investor protection. Instead, continued refinement of implementation and embracing technological innovations can make compliance more efficient without sacrificing effectiveness. The goal is evolution, not revolution. Twenty-three years after its passage, Sarbanes-Oxley has become an integral part of America's financial architecture, contributing to a period of remarkable growth and stability in our capital markets. The political right and left came together to enact this landmark legislation because they recognized a fundamental truth: without trustworthy financial reporting, markets cannot function effectively. Today, that core principle remains unchanged. While organizational structures may evolve, preserving the integrity of Sarbanes-Oxley's core principles isn't just good for investors — it's essential for America's continued economic leadership. Richard Chambers worked in auditing in the U.S. Government Accountability Office. He is currently CEO of Richard F. Chambers and Associates and senior adviser at AuditBoard.


Business Insider
16 hours ago
- Business Insider
GAP Airports reports May traffic up 2.6%
Grupo Aeroportuario del Pacifico announces preliminary terminal passenger traffic figures for May 2025, compared with May 2024. For May 2025, the total number of terminal passengers at GAP's 12 Mexican airports increased by 2.9%, compared to May 2024. Tijuana, Los Cabos, Puerto Vallarta, and Guadalajara airports presented an increase in passenger traffic of 3.4%, 1.1%, 0.9%, and 0.3% respectively, compared to May 2024. On the other hand, Montego Bay presented a decrease in passenger traffic of 1.6%, compared to May 2024. Confident Investing Starts Here:
Yahoo
a day ago
- Yahoo
Charges filed after Lancaster County fire companies report items stolen from auctions
LANCASTER COUNTY, Pa. (WHTM) — Two men were accused of stealing items that Lancaster County fire companies were putting up for sale during mud sale auctions, State Police say. During the local auctions, Bradley Gray, 42, of Kinzers, and Timothy Lang, 35, of Chester County, allegedly provided fake names to get bidding tickets and later stole the auction items, State Police at Lancaster said Thursday in court documents. Items were stolen from Gap Fire Company after an auction on March 22, and also from Robert Fulton Fire Company and Gordonville Fire Company, the complaint shows. According to the criminal complaint, Gray claimed Lang was the one who got buyer tickets using other names and then gave duplicates of them to Gray to bid at the auctions. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now The criminal complaint shows that, in total, the duo allegedly stole $9,776.25 worth of items, which included a push mower, crossbows, a patio heater, a Milwaukee toolbox, lumber, four trail cameras, and a metal rooster. The investigation began after Troopers were alerted by a member of the Gap Fire Company about tools, outdoor furniture, and building material being stolen. Troopers said the items were being stored across the street after the recent auction. An outdoor furniture set that was stolen from that auction was later found on Facebook Marketplace for sale. Dauphin County man allegedly drove onto closed road, struck foreman State Police said in the complaint that surveillance video captured the duo, and a third person, arriving in a truck and taking the items. State Police also eventually learned during the investigation that the truck was unloading items in the back of a property along N. Kinzer Road in Paradise Township. A search warrant was executed on a residence and a garage that was on an adjacent property where the truck was parked. Troopers said they found construction items that were reported stolen from the Gap auction, including the furniture set that was put up for sale on Facebook. What are mud sales in Pennsylvania? State Police say Gray was then taken to the barracks for questioning and allegedly admitted to his and Lang's role in the thefts from the auctions. Representatives of the other fire companies eventually came forward during the investigation and reported their items also being stolen during auctions. Court documents show the duo faces six felony charges of theft. Both of them are in Lancaster County Prison after they were arraigned in front of Magisterial District Judge Raymond Sheller, who set Gray's bail at $25,000 and Lang's bail at $50,000. They each have preliminary hearings scheduled for June 10. The third person seen on surveillance video with the duo during the theft of the Gap fire items has not been charged at this time. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.