CEMEX, S.A.B. de C.V. Declares First Installment of Cash Dividend, Payable on June 18, 2024
June 14, 2024 at 09:06 pm
Share
CEMEX, S.A.B. de C.V. announced that, in compliance with the resolutions adopted at Cemex, S.A.B. de C.V.?s Ordinary General Shareholders? Meeting held on March 22, 2024, it will proceed to make payment of the first installment (USD 30 million) of the cash dividend of $0.012712 Mexican pesos per share (equivalent to USD 0.000689 per share) against the delivery of coupon 151 (one hundred and fifty-one) adhered to the share certificates representing all of the outstanding shares that make up the paid-up capital stock of Cemex. Holders of Cemex Ordinary Participation Certificates (?CPO?) will receive $0.038136 Mexican pesos per CPO (equivalent to USD 0.002067 per CPO) and holders of Cemex American Depositary Shares (?ADS?) will receive USD 0.020670 per ADS in the first installment of the cash dividend, respectively.
The first installment of the cash dividend should be paid to holders of bearer shares and CPO holders on June 18, 2024 in Mexican Pesos. ADS holders are expected to receive the first installment of the dividend on or around June 26, 2024. The first installment of the cash dividend expected to be paid on June 18, 2024 in Mexican Pesos was determined applying an exchange rate of $18.4512 Mexican pesos per USD as determined by Banco de México on June 14, 2024.
Cemex SAB de CV is a Mexico-based operating and holding company primarily engaged, directly or indirectly, through subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other globally provided construction materials. The construction-related services supply customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. The cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Puerto Rico, Thailand and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.
CEMEX, S.A.B. DE C.V. 
