Televisa says no financial change behind unusual move in TLEVISA CPOs
TV•Grupo Televisa says results or financial position did not change
- Grupo Televisa said there were no changes in results or financial position to explain unusual moves in its CPO price.
- It pointed to S&P Dow Jones Indices’ Sept. 4 preliminary S&P/BMV IPC review, which could remove Televisa from Sept. 21.
- The final index decision is due Sept. 11.
- The buyback fund was not used, and the company said it has no knowledge of trades in CPOs by board members or senior executives.
