Cemex (NYSE: CX) spends MXN$217M on CPO share buyback
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Cemex, S.A.B. de C.V. reported that it repurchased 10,000,000 Ordinary Participation Certificates (CPOs) on February 24, 2026 under its previously approved share buyback program. The CPOs were bought at a weighted-average price of MXN$21.7306 each, for a total of MXN$217,306,000.00, or approximately U.S.$12,622,181.43 based on the exchange rate used. Citi México Casa de Bolsa executed the transactions, and Cemex noted that any future repurchases under the program will be disclosed by the end of the next business day after they occur.
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FAQ
What did Cemex (CX) report in its latest Form 6-K?
Cemex reported a share repurchase transaction. It bought 10,000,000 Ordinary Participation Certificates (CPOs) under its existing buyback program, detailing price, total amount spent, and execution by Citi México Casa de Bolsa, S.A. de C.V. Grupo Financiero Citi México.
How many Cemex CPOs were repurchased and at what price?
Cemex repurchased 10,000,000 CPOs. The weighted-average price paid per CPO was MXN$21.7306. This figure comes from a single trading day of buybacks conducted on February 24, 2026, under Cemex’s approved share repurchase program.
What total amount did Cemex (CX) spend on the February 24, 2026 buyback?
Cemex spent MXN$217,306,000.00 on the repurchase. This total excludes fees and value-added tax and is approximately U.S.$12,622,181.43, based on the exchange rate of MXN$17.2162 to U.S.$1.00 determined by the Central Bank of Mexico.
Which financial institution executed Cemex’s CPO repurchases?
Cemex used Citi México Casa de Bolsa, S.A. de C.V. Grupo Financiero Citi México to execute the CPO repurchases. This institution carried out the transactions on Cemex’s behalf as part of the company’s approved share buyback program.
What exchange rate did Cemex use to convert the repurchase amount to U.S. dollars?
Cemex used an exchange rate of MXN$17.2162 to U.S.$1.00. This rate, determined by the Central Bank of Mexico, was applied to convert the MXN$217,306,000.00 repurchase amount into approximately U.S.$12,622,181.43 for reporting purposes.