0
General

America Movil shareholders approve share buyback

Wednesday 20 April 2016 | 12:28 CET | News
The shareholders of America Movil have approved a proposal to allocate up to MXN 12 billion for the purchase of the company's own shares. Also approved at the annual meeting was the payment of a dividend of MXN 0.28 for each A, AA and L series share, payable in two installments of MXN 0.14.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: America Movil
Countries: Latin America
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

America Movil net profit falls 42% in Q1

Published 28 Apr 2016 11:01 CET | Latin America
America Movil reported a drop in first-quarter results, hurt by currency effects and the economic slowdown in Latin America. ...

America Movil raises EUR 1.5 bln in 8 and 12-year bonds

Published 09 Mar 2016 11:38 CET | Mexico
America Movil has issued EUR 1.5 billion in bonds on the euro market, raising EUR 850 million through an eight-year note and EUR ...

America Movil to invest USD 6 billion over next three years

Published 07 Mar 2016 10:23 CET | Mexico
The CFO of America Movil, Carlos Garcia Moreno, said the company plans to invest USD 6 billion over the next three years in ...

America Movil to reduce investments by 25% in 2016

Published 11 Feb 2016 16:31 CET | Latin America
America Movil is planning to reduce by 20-25 percent its global investments for this year, as compared to 2015, reports Valor ...

America Movil Q4 sales flat, EBITDA falls 3%

Published 10 Feb 2016 08:28 CET | Latin America
America Movil saw its revenue growth slow to 0.6 percent in the fourth quarter of 2015, for a total of MXN 231 billion. Service ...