Cemex (NYSE: CX) repurchases 3.2M CPOs in MXN$69M share buyback
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Cemex, S.A.B. de C.V. reported that on February 17, 2026 it repurchased 3,200,000 Ordinary Participation Certificates (CPOs) at a weighted-average price of MXN$21.6032 per CPO under its shareholder-approved Share Buyback Program.
The total amount repurchased was MXN$69,130,240.00, approximately U.S.$4,025,683.22 using an exchange rate of MXN$17.1723 to U.S.$1.00. Casa de Bolsa BBVA México, S.A. de C.V. executed the transactions, and Cemex states that any future repurchases under the program will be announced by the end of the next business day.
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FAQ
What did Cemex (CX) announce in its February 2026 Form 6-K?
Cemex announced it repurchased 3,200,000 Ordinary Participation Certificates (CPOs) on February 17, 2026. The buyback was executed under its previously approved Share Buyback Program and was carried out through Casa de Bolsa BBVA México, S.A. de C.V.
How large was Cemex’s February 17, 2026 CPO repurchase?
Cemex repurchased 3,200,000 CPOs for a total of MXN$69,130,240.00. This corresponds to a weighted-average price of MXN$21.6032 per CPO and an approximate U.S. dollar value of U.S.$4,025,683.22 based on the stated exchange rate.
What exchange rate did Cemex use to translate the CPO buyback amount?
Cemex used an exchange rate of MXN$17.1723 to U.S.$1.00 to express the repurchase value in dollars. Using this rate, the MXN$69,130,240.00 CPO buyback equaled approximately U.S.$4,025,683.22, as disclosed in the report.
Under what program did Cemex (CX) conduct this CPO repurchase?
The repurchase was conducted under Cemex’s stock repurchase program approved at its general ordinary shareholders’ meeting held on March 25, 2025. The filing refers to this authorization as the Share Buyback Program governing these transactions.
Which broker executed Cemex’s February 2026 CPO repurchases?
Cemex engaged Casa de Bolsa BBVA México, S.A. de C.V., Grupo Financiero BBVA México to execute the CPO repurchases. The broker handled the transactions under the Share Buyback Program described in the company’s disclosure.