UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2025
Commission File Number: 001-14946
Cemex, S.A.B. de C.V.
(Translation of Registrant’s name into English)
Avenida Ricardo Margáin Zozaya #325, Colonia Valle del Campestre
San Pedro Garza García, Nuevo León, 66265 México
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Contents
Cemex, S.A.B. de C.V. (“Cemex”) (NYSE: CX) announced today that, further to the resolutions adopted at its Ordinary General Shareholders’ Meeting held on March 22, 2024 and the announcement made on March 25, 2024 in relation to the declaration of a cash dividend in an aggregate amount of USD $120 million, payable in four equal installments in USD (of USD $30 million each installment), holders of Cemex Ordinary Participation Certificates (“CPO”) and American Depositary Shares (“ADS”) as of the record date of March 10, 2025, will be entitled to receive the fourth installment of the cash dividend (USD $30 million). Each ADS represents 10 CPOs.
As background, the first installment was paid on June 18, 2024, the second installment was paid on September 17, 2024, and the third installment was paid on December 11, 2024.
Cemex will proceed to make payment of the fourth installment of the cash dividend at the rate of approximately USD $0.000689 per share, against the delivery of coupon 154 (one hundred and fifty-four) adhered to the share certificates representing all of the outstanding shares that make up the paid-up capital stock of Cemex. CPO holders will receive approximately USD $0.002067 per CPO and ADS holders will receive approximately USD $0.020670 per ADS in the fourth installment of the cash dividend. Cemex intends to announce the corresponding final dividend amounts per share, CPO, and ADS for the fourth installment, by no later than March 7, 2025.
The fourth installment of the cash dividend should be paid to holders of bearer shares and CPO holders on March 11, 2025 in Mexican Pesos at the exchange rate determined by the Bank of Mexico (Banco de México) on March 7, 2025. ADS holders are expected to receive payment of the fourth installment of the dividend on or around March 18, 2025. The last day to acquire CPOs and ADSs with dividend payment rights will be March 7, 2025, respectively.
The declared dividend comes from the Net Tax Profit Account (Cuenta de Utilidad Fiscal Neta or CUFIN) of Cemex as of December 31, 2013; therefore, no tax withholding will be made for the payment of this dividend.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Cemex, S.A.B. de C.V. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Cemex, S.A.B. de C.V. | ||||||
(Registrant) | ||||||
Date: February 28, 2025 |
By: |
/s/ Rafael Garza | ||||
Name: Rafael Garza | ||||||
Title: Chief Comptroller |