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Cemex SAB de CV (CMXCPO.MX)

CMXCPO.MX on Mexico Stock Exchange

9.29MXN
19 Mar 2019
Change (% chg)

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$9.29
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Avg. Vol
36,556,750
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$14.10
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$8.94

Latest Key Developments (Source: Significant Developments)

Cemex Commences Stock Repurchase Program
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - Cemex SAB de CV ::CEMEX COMMENCES STOCK REPURCHASE PROGRAM.CEMEX SAB DE CV - MEETING APPROVED REPURCHASE OF UP TO $500 MILLION OF CO'S SHARES UNTIL CEMEX'S GENERAL ORDINARY SHAREHOLDERS' MEETING TO BE HELD IN 2019.  Full Article

Cemex Consolidated Q3 Net Sales Increased By 8 Pct To $3.7 Bln
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Cemex SAB de CV ::CEMEX REPORTS 8% INCREASE IN SALES AND 2% IN OPERATING EBITDA DURING THE THIRD QUARTER OF 2018.CEMEX SAB DE CV - CONSOLIDATED NET SALES INCREASED BY 8% DURING Q3 OF 2018 TO US$3.7 BILLION.CEMEX SAB DE CV - OPERATING EBITDA, ALSO ON A LIKE-TO-LIKE BASIS, INCREASED BY 2% DURING Q3 OF 2018, REACHING US$704 MILLION.CEMEX SAB DE CV - OPERATING EARNINGS BEFORE OTHER EXPENSES, NET, IN Q3 INCREASED BY 2%, TO US$490 MILLION ON A LIKE-TO-LIKE BASIS.CEMEX SAB DE CV - INTEND TO PROPOSE AT ANNUAL SHAREHOLDERS' MEETING NEXT YEAR CASH DIVIDEND PROGRAM FOR SHAREHOLDERS STARTING IN 2019 OF $150 MILLION.CEMEX SAB DE CV - INCREASE IN Q3 SALES DUE TO HIGHER PRICES OF PRODUCTS, IN LOCAL CURRENCY TERMS IN MOST OF CO'S REGIONS.CEMEX SAB DE CV - ON COST-REDUCTION EFFORTS, EXPECT TO IMPLEMENT DIFFERENT INITIATIVES BY END OF THE YEAR.CEMEX SAB DE CV - INCREASE IN Q3 SALES ALSO DUE TO HIGHER VOLUMES IN MEXICO, U.S., AND OUR EUROPE AND ASIA, MIDDLE EAST & AFRICA REGIONS.  Full Article

Cemex Posts 32 Pct Increase In Q2 Net Income
Thursday, 26 Jul 2018 

July 26 (Reuters) - Cemex SAB de CV ::CEMEX ANNOUNCES AN INCREASE IN NET INCOME OF 32% DURING THE SECOND QUARTER AND A COMPREHENSIVE PLAN TO ENHANCE TOTAL SHAREHOLDER RETURN.CONTROLLING INTEREST NET INCOME DURING THE QUARTER WAS US$382 MILLION FROM AN INCOME OF US$288 MILLION IN THE SAME PERIOD OF 2017..OPERATING EARNINGS BEFORE OTHER EXPENSES, NET, IN THE SECOND QUARTER INCREASED BY 8%, TO US$504 MILLION ON A LIKE-TO-LIKE BASIS..ON A LIKE-TO-LIKE BASIS FOR ONGOING OPERATIONS AND ADJUSTING FOR CURRENCY FLUCTUATIONS, CONSOLIDATED NET SALES INCREASED BY 7% TO US$3.8 BILLION.QTRLY TOTAL DEBT PLUS PERPETUAL NOTES DECREASED BY US$462 MILLION DURING THE QUARTER.QTRLY OPERATING EBITDA ON A LIKE-TO-LIKE BASIS INCREASED BY 4% DURING QUARTER COMPARED TO SAME PERIOD IN 2017, TO US$714 MILLION.DURING NEXT 2.5 YEARS, TO WORK TO OPTIMIZE PORTFOLIO AND SELLING BETWEEN US$1.5 AND 2 BILLION OF ASSETS.ANNOUNCING PLAN DESIGNED TO REPOSITION OUR PORTFOLIO TOWARD HIGHER GROWTH.TO ALSO IMPLEMENT ACTIONS TO ACHIEVE US$150 MILLION IN COST SAVINGS AS AN OPPORTUNITY TO CONTINUE IMPROVING PROFITABILITY.TO RETURN CAPITAL TO SHAREHOLDERS THROUGH AN ANNUAL CASH DIVIDEND STARTING WITH US$150 MILLION IN 2019.  Full Article

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Mexico's Cemex expects 2019 volume growth similar to 2018

MEXICO CITY Mexico's Cemex, one of the world's largest cement producers, expects its consolidated volume growth this year to be similar to that of 2018, Chief Executive Fernando Gonzalez told investors at an event in New York on Wednesday.