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América Móvil proposes delisting from Nasdaq, Latibex

América Móvil also said it would offer shareholders the choice to receive the second part of their ordinary dividend in cash or in shares.

(Photo: Reuters)
14/09/2016 |10:16Reuters |
Redacción El Universal
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Mexican telecoms giant America Movil said on Tuesday its board will propose to shareholders that it delist its shares from the Nasdaq and Latibex stock exchanges, without giving any further information.

In a regulatory statement, América Móvil also said it would offer shareholders the choice to receive the second part of their ordinary dividend in cash or in shares.