Telmex proposes buyback

22 Sep 2006

Teléfonos de México (Telmex) has proposed an MXN15 billion (USD1.36 billion) buyback of shares as part of plans to ‘return value to shareholders’, according to BNamericas quoting a company statement. Telmex will hold a shareholders’ meeting on 9 October to discuss the proposal.

Mexico, Telefonos de Mexico (Telmex)