Tranche Update on América Móvil, S.A.B. de C.V. (BMV:AMX B)'s Equity Buyback Plan announced on March 30, 2001.
February 12, 2024
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From October 1, 2023 to December 31, 2023, the company has repurchased MXN 6,600 million worth of its shares. With this, the company has completed the repurchase of MXN 447,868.35 million worth of its shares under the buyback announced on March 30, 2001.
America Movil, S.A.B. de C.V. is a holding company. The Company provides telecommunications services. Its services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services. Its segments are Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone, Andean Region, Central America, the Caribbean, the United States and Europe. The Southern Cone segment includes Argentina, Chile, Paraguay and Uruguay. The Andean Region segment includes Ecuador and Peru. The Central America segment includes Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. The Caribbean segment includes the Dominican Republic and Puerto Rico. The Europe segment includes Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia. It operates in all of its geographic segments under the Claro brand, except in Mexico, the United States and Europe.