Cementos Pacasmayo Details Holcim-Related Costs and Dividend Capacity in Response to Regulator

Cementos Pacasmayo SAA ( (CPAC) ) has issued an announcement.

On April 6–7, 2026, Cementos Pacasmayo S.A.A. reported to Peru’s securities regulator that it had formally responded to an official inquiry about expenses labeled “Expenses associated with the Holcim acquisition” in its 2025 audited financial statements and decisions taken at the March 24, 2026 shareholders’ meeting. The company detailed that the 2026 AGM re‑elected most directors and later replaced two resigning board members following the closing of a share purchase transaction in which Holcim agreed to acquire control of its majority shareholder ASPI, and it emphasized that all directors and key shareholders were informed of the regulator’s requests.

Pacasmayo said the 2025 net income reduction tied to transaction expenses did not affect the S/190.3 million dividend level paid in December 2025, and that retained earnings of about S/264 million would still allow similar payouts, subject to board and shareholder decisions. It also told the regulator that AGM minutes, provided confidentially, fully record shareholder questions and management responses, confirmed by major institutional investors, and reiterated that the transaction-related expenses were below the 5% asset threshold and did not constitute a related‑party transaction under Peruvian securities law, meaning no additional fairness opinion or special approval procedures were required.

The most recent analyst rating on (CPAC) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on Cementos Pacasmayo SAA stock, see the CPAC Stock Forecast page.

Spark’s Take on CPAC Stock

According to Spark, TipRanks’ AI Analyst, CPAC is a Neutral.

The score is driven primarily by middling financial fundamentals—solid operating profitability and generally positive free cash flow, but constrained by leverage and recent margin/top-line pressure. The latest earnings call adds support via improved underlying results and constructive 2026 outlook, while technical indicators remain a near-term headwind. Valuation is helped by a strong dividend yield, partially offset by a moderate P/E.

To see Spark’s full report on CPAC stock, click here.

More about Cementos Pacasmayo SAA

Cementos Pacasmayo S.A.A., or Pacasmayo Cement Corporation, is a Peruvian cement producer based in Lima, operating in the construction materials industry. The company focuses on manufacturing and selling cement and related building materials for the domestic market, and its shares are held by both majority and minority investors, including pension fund administrators.

Average Trading Volume: 23,979

Technical Sentiment Signal: Buy

Current Market Cap: $950.7M

Find detailed analytics on CPAC stock on TipRanks’ Stock Analysis page.