|Bid||14.09 x 1100|
|Ask||14.43 x 3200|
|Day's Range||14.40 - 14.56|
|52 Week Range||10.50 - 15.24|
|Beta (5Y Monthly)||0.32|
|PE Ratio (TTM)||20.59|
|Forward Dividend & Yield||0.37 (2.58%)|
|Ex-Dividend Date||Oct. 23, 2020|
|1y Target Est||20.07|
Zacks Industry Outlook Highlights: KDDI Corp, Vodafone, America Movil and SK Telecom
Mexican telecoms giant America Movil, controlled by the family of billionaire Carlos Slim, said on Tuesday it plans to set up a fund for the buyback of its shares worth 25 billion pesos ($1.2 billion). America Movil will propose the cancellation of all the shares that it holds in its treasury at the time of the meetings, acquired as part of its own buyback program.
Mexico's Supreme Court on Wednesday ruled in favor of the country's telecoms regulator over a label that aims to curb the dominance of Carlos Slim's telecommunications company America Movil. Mexico's Federal Institute of Telecommunications (IFT) acted within the constitution when it determined that the America Movil Economic Interest Group, made up of Telcel and other subsidiaries, is a "preponderant agent", the court said in a statement.