Business Context and Reporting Period
This Form 6-K filing by AMÉRICA MÓVIL, S.A.B. DE C.V. (AMX) reports on shareholder resolutions approved at a meeting held on April 23, 2026. The filing covers corporate governance updates, capital allocation decisions, and dividend declarations for the period extending through April 2027.
Key Financial Metrics and Capital Allocation
- Dividend Declaration: An ordinary dividend of MXP$0.54 per share was approved. Payment will be made in two installments of MXP$0.27 each on July 15, 2026, and November 11, 2026.
- Share Buyback Program: Shareholders allocated an additional MXP$10,000 million to the buyback fund for the April 2026 – April 2027 period.
- Total Buyback Fund: Including the outstanding balance, the total fund available for the period equals MXP$21,042.6 million.
- Treasury Shares: The company resolved to cancel treasury shares acquired under the buyback program and amend its bylaws to reduce capital stock proportionally.
Note: This filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity metrics for the reporting period.
Material Changes and Corporate Actions
- Capital Reduction: A formal resolution was passed to cancel treasury shares, resulting in a reduction of the company's capital stock.
- Board Ratification: The shareholders ratified the current Board of Directors, including Chairman Carlos Slim Domit and Cochairman Patrick Slim Domit, as well as the Audit and Corporate Practices Committee.
Guidance, Outlook, and Risks
The filing contains standard forward-looking statements regarding the company's performance and future events. Management cautions that actual results may differ materially due to risks, uncertainties, and assumptions. The company explicitly disclaims any obligation to update these statements.
Key Facts for Investor Verification
- Verify the exact number of shares outstanding to calculate the total cash outflow for the MXP$0.54 per share dividend.
- Confirm the specific number of treasury shares to be cancelled and the resulting impact on the authorized capital stock.
- Monitor the execution of the MXP$21,042.6 million buyback program to assess the pace of share repurchases.
- Review the upcoming financial reports for the impact of the capital reduction on earnings per share (EPS).