MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim’s America Movil said on Tuesday it plans to ask shareholders at an April meeting to approve up to 3 billion pesos ($160.56 million) in share buybacks between April 2018 and April 2019.
America Movil will also propose a dividend of 0.30 pesos per share, the company said in a filing with the Mexican stock exchange.
Reporting by Daina Beth Solomon; Editing by Sandra Maler