Cemex (NYSE: CX) buys back 10M CPOs for MXN$215,764,000
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Cemex, S.A.B. de C.V. reported that on February 23, 2026 it repurchased 10,000,000 Ordinary Participation Certificates (CPOs) at a weighted-average price of MXN$21.5764 per CPO under its previously approved Share Buyback Program. The total amount spent was MXN$215,764,000.00, approximately U.S.$12,564,726.71 using an exchange rate of MXN$17.1722 per U.S.$1.00. The repurchases were executed through Citi México Casa de Bolsa, S.A. de C.V. Grupo Financiero Citi México, and the company states that any future buybacks under this program will be announced by the end of the business day following their execution, in line with Mexican regulations.
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FAQ
What did Cemex (CX) disclose in its February 2026 Form 6-K?
Cemex disclosed that it repurchased 10,000,000 Ordinary Participation Certificates (CPOs) on February 23, 2026 under its Share Buyback Program. The purchases were executed through Citi México Casa de Bolsa and will be followed by timely disclosures of any future repurchases.
How many Cemex CPOs were repurchased and at what price?
Cemex repurchased 10,000,000 CPOs at a weighted-average price of MXN$21.5764 per CPO. This single-day repurchase reflects activity under its approved Share Buyback Program, concentrating a significant volume at a clearly stated average price level.
What total amount did Cemex spend on the February 23, 2026 CPO buyback?
Cemex spent MXN$215,764,000.00 on the CPO repurchase, excluding fees and value-added tax. This corresponds to approximately U.S.$12,564,726.71, calculated using an exchange rate of MXN$17.1722 per U.S.$1.00 set by the Central Bank of Mexico.
Which financial institution executed Cemex’s CPO repurchase on February 23, 2026?
Cemex engaged Citi México Casa de Bolsa, S.A. de C.V. Grupo Financiero Citi México to execute the 10,000,000 CPO repurchases. This institution handled the market transactions as part of Cemex’s Share Buyback Program approved by shareholders in March 2025.
Under what program were Cemex’s February 2026 CPO repurchases made?
The repurchases were carried out under Cemex’s stock repurchase program, called the Share Buyback Program, approved at the general ordinary shareholders’ meeting held on March 25, 2025. The February 23, 2026 transaction is one execution under this broader authorization.