Cemex (CX) repurchases 13M CPOs in MXN$283M stock buyback move
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Cemex, S.A.B. de C.V. reported that on February 25, 2026 it repurchased 13,000,000 Ordinary Participation Certificates (CPOs) at a weighted-average price of MXN$21.8059 per CPO under its previously approved Share Buyback Program.
The repurchase totaled MXN$283,476,700.00, excluding fees and value-added tax, which is approximately U.S.$16,489,831.89 based on an exchange rate of MXN$17.1910 to U.S.$1.00 determined by the Central Bank of Mexico. Citi México Casa de Bolsa, S.A. de C.V. executed the buyback, and Cemex states future repurchases under the program will be announced by the end of the next business day after execution, in line with Mexican regulations.
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FAQ
How much did Cemex (CX) spend on the February 25, 2026 CPO repurchase?
Cemex spent MXN$283,476,700.00 on the February 25, 2026 CPO repurchase, excluding fees and value-added tax. This amount equals approximately U.S.$16,489,831.89, using an exchange rate of MXN$17.1910 to U.S.$1.00 from the Central Bank of Mexico.
Under what program were Cemex’s (CX) CPOs repurchased on February 25, 2026?
The CPOs were repurchased under Cemex’s stock repurchase program, referred to as the Share Buyback Program. This program was approved at Cemex’s general ordinary shareholders’ meeting held on March 25, 2025, authorizing the company to buy back its own securities.
Which financial institution executed Cemex’s (CX) February 25, 2026 CPO buyback?
Cemex engaged Citi México Casa de Bolsa, S.A. de C.V. Grupo Financiero Citi México to execute the February 25, 2026 CPO repurchases. This broker carried out the transactions in the market on Cemex’s behalf under the authorized Share Buyback Program.
What exchange rate did Cemex (CX) use to translate the CPO repurchase amount to U.S. dollars?
Cemex used an exchange rate of MXN$17.1910 to U.S.$1.00 to translate the CPO repurchase value. This rate, determined by the Central Bank of Mexico, converted MXN$283,476,700.00 into approximately U.S.$16,489,831.89 for reporting purposes.