August 20, 2019 / 1:30 PM / a month ago

Mexico's Cemex starts program to buy back up to $500 million in shares

FILE PHOTO: A cement plant of Mexican cement maker CEMEX is pictured in Monterrey, Mexico, August 19, 2018. Picture taken August 19, 2018. REUTERS/Daniel Becerril

MEXICO CITY (Reuters) - Mexican cement maker Cemex said on Tuesday that it had begun a share buyback program approved by shareholders earlier this year that permits the company to purchase up to $500 million worth of its shares.

Reporting by Mexico City Newsroom; Editing by Chizu Nomiyama

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