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Mexico's America Movil to add nearly $300 mln for share buybacks

MEXICO CITY, Feb 8 (Reuters) - America Movil, the Mexican telecoms company controlled by the family of billionaire Carlos Slim, on Monday said a shareholder assembly had approved the company’s share buyback fund to be increased by 6 billion pesos ($299 million).

$1 = 20.0880 Mexican pesos Writing by Drazen Jorgic; Editing by Frank Jack Daniel

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