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Security Profile
- Security Type
- Common Stock
- CUSIP
- 02390A101
- Market Cap
- Mid Cap · $588 Million
- ADR Ratio
- 1:20
Business: America Movil S.A. de C.V. and its subsidiaries provide wireless and fixed communications services in Latin America.
Notes: March 16, 2023. -- América Móvil, S.A.B. de C.V. ("AMX") [BMV: AMX] [NYSE: AMX | AMOV], informs that, as of today and pursuant to the reclassification of the series of shares representing its capital stock (Series “AA”, “A” and “L”) into a single series of ordinary shares with full voting rights (Series “B”), which was previously announced and approved by its shareholders’ meetings held on December 20, 2022, all Series “A”, “AA” and “L” shares deposited with S.D. Indeval Institución para el Depósito de Valores, S.A. de C.V. (“INDEVAL”), converted into Series “B” shares at a 1:1 conversion ratio.
American Depositary Shares (“ADSs”) representing AMX’s Series “A” and Series “L” shares, are to be cancelled and ADSs representing Series “B” shares (“B Share ADSs”) are to be issued and distributed to the applicable holders of Series A ADSs and Series L ADSs, in accordance with the respective Deposit Agreements. Each B Share ADS represents twenty (20) Series “B” shares.
Series “B” shares (ISIN MX01AM050019) and B Share ADSs will be listed and will start trading at market open today on the Bolsa Mexicana de Valores (“BMV”) and the New York Stock Exchange, respectively.
Company Contact
- CEO
- Daniel Hajj Aboumrad
- CFO
- Carlos José García Moreno Elizondo
- Investor Relations
- investor.relations@americamovil.com