Mexico's America Movil to propose bigger budget for share buybacks
18 Jan 2021 / 22:41 H.
MEXICO CITY, Jan 18 (Reuters) - America Movil, the Mexican telecoms company controlled by the family of billionaire tycoon Carlos Slim, said on Monday it would present a proposal to shareholders to raise the amount of money in its share buyback fund.
America Movil did not mention a figure for the proposed increase in its statement. (Reporting by Cassandra Garrison Editing by Dave Graham)
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