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Cemex SAB de CV (CMXCPO.MX)

CMXCPO.MX on Mexico Stock Exchange

9.72MXN
20 Feb 2019
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Latest Key Developments (Source: Significant Developments)

Cemex Commences Stock Repurchase Program
Thursday, 29 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