Cemex (CX) buys back 5,000,000 CPOs under share repurchase program
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Cemex, S.A.B. de C.V. reported that on February 20, 2026 it repurchased 5,000,000 Ordinary Participation Certificates (CPOs) at a weighted-average price of MXN$21.8752 per CPO under its previously approved share buyback program. The total amount spent was MXN$109,376,000.00, which Cemex notes is approximately U.S.$6,333,294.73 using an exchange rate of MXN$17.2700 per U.S.$1.00 determined by the Central Bank of Mexico. The repurchases were executed through Citi México Casa de Bolsa, S.A. de C.V. Grupo Financiero Citi México. Cemex also states that, in line with Mexican law, any future repurchases under this program will be disclosed no later than the end of the business day after they occur.
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FAQ
How much did Cemex (CX) spend on the February 20, 2026 CPO buyback?
Cemex spent MXN$109,376,000.00 on the February 20, 2026 repurchase of CPOs. The company states this amount equals approximately U.S.$6,333,294.73, using an exchange rate of MXN$17.2700 per U.S.$1.00 determined by Mexico’s central bank.
Under what program were Cemex (CX) CPOs repurchased in February 2026?
The CPOs were repurchased under Cemex’s Share Buyback Program. This program was approved at Cemex’s general ordinary shareholders’ meeting held on March 25, 2025 and governs the company’s repurchases of its shares or securities representing them.
Which financial institution executed Cemex’s February 2026 CPO repurchases?
Cemex engaged 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 in the market on Cemex’s behalf as part of the company’s Share Buyback Program.
What exchange rate did Cemex use to convert its February 2026 buyback amount to U.S. dollars?
Cemex used an exchange rate of MXN$17.2700 to U.S.$1.00 to translate the MXN$109,376,000.00 spent on the buyback. The company indicates this rate was determined by the Central Bank of Mexico for the referenced conversion.