for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Mexico's America Movil to propose bigger budget for share buybacks

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)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up