Cemex Approves 2024 Financials, Declares Dividend, and Sets Share Repurchase Plan

Story Highlights
  • Cemex announced resolutions from its shareholders’ meeting, including financial approvals.
  • A USD $130 million dividend and a USD $500 million share repurchase plan were approved.
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Cemex Approves 2024 Financials, Declares Dividend, and Sets Share Repurchase Plan

Cemex SAB ( (CX) ) has shared an announcement.

On March 26, 2025, Cemex announced the resolutions from its Ordinary General Shareholders’ Meeting held on March 25, 2025. The meeting approved the CEO’s report on the company’s 2024 performance, financial statements, and various committee reports. A cash dividend of USD $130 million was declared, payable in four installments starting June 2025. Additionally, Cemex set a USD $500 million limit for share repurchases in 2025 and appointed new board members, reinforcing its strategic financial management and governance.

More about Cemex SAB

Cemex, S.A.B. de C.V. is a leading global building materials company that produces, distributes, and sells cement, ready-mix concrete, and aggregates. The company primarily operates in the construction industry and has a significant presence in various international markets.

YTD Price Performance: 11.74%

Average Trading Volume: 10,076,513

Technical Sentiment Signal: Hold

Current Market Cap: $9.18B

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

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