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© Reuters. FILE PHOTO: The logo of America Movil is pictured on the wall at a reception area in the company’s corporate offices, in Mexico City, Mexico January 25, 2022. REUTERS/Gustavo Graf/File PhotoMEXICO CITY (Reuters) – Mexican telecommunications giant America Movil (NYSE:) will propose reclassifying three of its share series to shareholders, the company said Tuesday.
The “AA,” “A” and “L” share series would become part of the company’s “B” series, it said in a filing. The change would require amending the company’s bylaws and will be subject to regulatory authorization, America Movil said.
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