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America Movil plans up to 3 bln pesos in share buybacks

MEXICO CITY, March 28 (Reuters) - Mexican billionaire Carlos Slim's America Movil said on Tuesday it plans to ask shareholders at an April 5 meeting to approve up to 3 billion pesos ($158 million) in share buybacks between April 2017 and April 2018.

America Movil will also propose a dividend of 0.30 pesos per share, the company said in a filing with the Mexican stock exchange. ($1 = 19.0060 Mexican pesos) (Reporting by Anahi Rama)