Tranche Update on Grupo Televisa, S.A.B. (BMV:TLEVISA CPO)'s Equity Buyback Plan announced on April 29, 2019.
July 13, 2020 at 12:41 pm EDT
Share
From April 1, 2020 to June 30, 2020, the company has repurchased 0 shares, representing 0% for MXN 0 million. With this, the company has completed the repurchase of 44,215,692 shares, representing 1.53% for MXN 1,581.35 million under the buyback announced on April 29, 2019.
Grupo Televisa, S.A.B. is a media company, cable operator in Mexico and an operator of a direct-to-home (DTH) satellite pay television system in Mexico. The Company operates through four segments: Content, Sky, Cable and Other Businesses. The Content segment includes Advertising, Network Subscription, and Licensing and Syndication. The Sky segment includes DTH broadcast satellite pay television services in Mexico, Central America and the Dominican Republic. The Cable segment includes the operation of a cable multiple system in the Mexico City metropolitan area; the operation of telecommunication, and the operation of a cable multiple system. The Other Businesses segment includes its domestic operations in sports and show business promotion, soccer, feature film production and distribution, gaming, radio, publishing and publishing distribution. The Company distributes the content it produces through various broadcast channels in Mexico and in approximately 50 other countries.