Cemex S.A.B. de C.V. (NYSE:CX) recently repurchased 5,050,000 Ordinary Participation Certificates (CPOs) at a weighted-average price of MXN$21.8158 per CPO, totaling MXN$110,169,790, which is approximately US$6.4 million. This transaction is part of an ongoing share buyback program approved by shareholders on March 25, 2025. Cemex will announce future repurchases in compliance with Mexican regulations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cemex repurchases 5.05 million CPOs as part of ongoing buyback program
Cemex S.A.B. de C.V. (NYSE:CX) recently repurchased 5,050,000 Ordinary Participation Certificates (CPOs) at a weighted-average price of MXN$21.8158 per CPO, totaling MXN$110,169,790, which is approximately US$6.4 million. This transaction is part of an ongoing share buyback program approved by shareholders on March 25, 2025. Cemex will announce future repurchases in compliance with Mexican regulations.