Cemex Launches U.S.$500 Million Share Buyback With Initial MXN$95.8 Million CPO Repurchase
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Cemex SAB ( (CX) ) has provided an update.
On February 10, 2026, Cemex commenced activity under a previously approved stock repurchase program, buying 4,300,000 Ordinary Participation Certificates at a weighted-average price of MXN$22.2839 per CPO, for a total of about MXN$95.8 million (approximately U.S.$5.6 million). The buyback forms part of an authorization granted at the March 25, 2025 shareholders’ meeting, which allows repurchases of up to U.S.$500 million in shares or equivalent instruments through the next annual meeting scheduled for March 26, 2026.
Cemex has also reiterated its intention, as announced on February 5 and 6, 2026, to repurchase up to U.S.$500 million of its shares over the next three years, subject to shareholder approval and formalities, and its board has proposed that the March 26, 2026 meeting renew a U.S.$500 million repurchase capacity through at least April 30, 2027. The stepped-up capital return plan underscores management’s focus on shareholder value and capital structure management, with any additional repurchases to be disclosed in line with Mexican market regulations.
The most recent analyst rating on (CX) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Cemex SAB stock, see the CX Stock Forecast page.
Spark’s Take on CX Stock
According to Spark, TipRanks’ AI Analyst, CX is a Outperform.
The score is driven primarily by solid financial performance (profitability recovery, improved leverage, and positive free cash flow) and supportive earnings-call guidance around cost savings, margins, and free-cash-flow conversion. Technicals are mixed with neutral momentum and near-term consolidation, while valuation is middling with a low dividend yield.
To see Spark’s full report on CX stock, click here.
More about Cemex SAB
Cemex, S.A.B. de C.V. is a global building materials company, primarily producing and supplying cement, ready-mix concrete, aggregates, and related construction materials. The company serves infrastructure, residential, and commercial construction markets worldwide, with its shares listed on the New York Stock Exchange and the Mexican Stock Exchange through Ordinary Participation Certificates (CPOs).
Average Trading Volume: 6,677,636
Technical Sentiment Signal: Buy
Current Market Cap: $19.35B
Learn more about CX stock on TipRanks’ Stock Analysis page.
