Direct Stock Purchase Plan

CEMEX offers a direct purchase plan for its ADSs, with each ADS representing ten CPOs on the Mexican Stock Exchange. The plan is only open to U.S. residents and is designed to provide existing owners of CEMEX's ADSs and new interested investors who would like to participate in the plan with a convenient way to invest and/or increase their investment in CEMEX. The plan allows you to reinvest your dividend.

CEMEX's Depositary Bank, Citibank, N.A., sponsors and administers the plan. CEMEX has agreed to the establishment of the plan by Citibank, N.A., but does not and should not be deemed to sponsor or administer the plan. CEMEX assumes no obligation or liability for the operation of the plan.

To view the plan details, please download the plan’s brochure .

You may enroll in the plan by mail or online.

By mail

You can request an enrollment form by calling:

Citibank, N.A.,
Toll-free at 1-877-CITI-ADS (1-877-248-4237).

Online

Click here  to enroll online.
If you have any questions, please contact us.

Capitalization Program

At CEMEX, S.A.B. de C.V. Ordinary General Shareholders Meeting held on March 28, 2019 and on April 5, 2018 no capitalization program was proposed.

At CEMEX, S.A.B. de C.V. Ordinary General Shareholders Meeting held on 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016 and 2017, CEMEX, S.A.B. de C.V. shareholders approved the proposal to increase the capital stock of CEMEX, S.A.B. de C.V in its variable portion through the capitalization of retained earnings. As a result of this increase in the capital stock of CEMEX, S.A.B. de C.V. new shares were issued in the ratio of one new American Depository Share ("ADS") per each 25 ADSs held.

The following table shows the capitalization of retained earnings from 2009 to 2018.

Dividends

At CEMEX, S.A.B. de C.V. Ordinary General Shareholders Meeting held on March 28, 2019 a cash dividend was declared in the amount of U.S.$150 million in two equal installments, in June 17, 2019 and December 17, 2019. ADS holders are expected to receive the first installment of the cash dividend on June 18, 2019.

CPO and ADS holders as of the record date of June 14, 2019, will be entitled to receive a pro-rata share of the first installment of the cash dividend (U.S.$75 million). CPO holders will receive a cash dividend of 0.095610 Mexican pesos per CPO (equivalent to U.S.$0.004989 per CPO). ADS holders will receive a cash dividend of US$0.049890 per ADS. The cash dividend to CPO holders to be paid in Mexican Pesos was determined applying an exchange rate of 19.1645 Mexican pesos per U.S. dollar as determined by Banco de México on the 13th of June 2019 for settlements on June 17, 2019.

The declared dividend comes from the Net Tax Profit Account (Cuenta de Utilidad Fiscal Neta or CUFIN) generated until December 31, 2013, therefore no withholding tax will be generated for the payment of this dividend. Furthermore, dividend payments to non-residents of Mexico will not be subject to withholding tax in Mexico.

The following table shows the dividend paid for the period from 2004 to 2008 and expected to be paid in year 2019.

¹Dividends from 2004 to 2005 were declared in Mexican pesos. However, ADS holders electing cash received the dividend in U.S. dollars. These amounts represent the approximate U.S. dollar amount distributed to ADS holders. Dividends from 2006 to 2008 were declared in U.S. dollars.

Equity Analysts

• Please note that the list may not be complete and is subject to change.
• View a list of Fixed Income Analysts

Corporate Action Announcement

Citibank, N.A., acting as sponsored depositary bank, announces the following:

Date:  May 12, 2017
Status:  Final
Announcement For:  Stock Allocation
Company Name:  CEMEX, S.A.B. de C.V.
 

Security Information

Stock Allocation Announcement

At the Annual General Ordinary Shareholders Meeting of CEMEX, S.A.B. de C.V. (“CEMEX”) held on March 30, 2017, CEMEX’s shareholders approved the proposal to increase CEMEX’s capital stock in its variable portion through capitalization of retained earnings. As a result of this increase in the capital stock, new shares were issued in the ratio of one new ADS for every 25 ADSs held as of the record date.

The fractional shares entitlement will be disregarded by CEMEX and no cash in lieu payment will be made by CEMEX for the fractions.
 

Tax Consequences:

Based on information provided by CEMEX, the stock allocation is being treated as a nontaxable event under Internal Revenue Code (IRC) Section 305(a) for U.S. federal income tax purposes, with no income recognized upon receipt of the additional ADSs. Given our further understanding that there was no Mexican tax withheld from the allocation, and that no cash was paid in lieu of fractional shares there will be no Form 1099 reporting required with respect to the allocation.

Cost Basis:

Under IRC Section 307(a) and U.S. Treasury Regulations Section 1.307-1(a), the basis of shares in a corporation received in a non-taxable distribution (new shares) made with respect to previously held shares (old shares) in that corporation generally is determined by apportioning the basis of the old shares among the old shares and the new shares in proportion to their fair market values, i.e., the new basis of each share is determined by dividing the basis of the old shares by the total number of old and new shares. For example, assume an investor owns one hundred shares in a corporation (old shares) with a basis of $100 and receives, in a non-taxable distribution made with respect to the old shares, four additional shares in the corporation (new shares). The investor will divide its original $100 basis by the 104 old and new shares the investor owns after the distribution so that each of the 104 shares held after the distribution will have a basis of $0.9615. The investor's holding period for the new shares includes the holding period of the old shares.‪ ‪

To download Form 8937 for the corporate action event that took place on May 12, 2017, please click here.
 

We are not qualified to make individual investor tax/cost basis determinations. Investors are urged to consult independent tax advisors regarding the application of these rules in their particular circumstances.

To access corporate action announcements for CEMEX, S.A.B. de C.V. for previous years, please click here.

To download Form 8937 for the corporate action events that took place on 2016, 2015 and 2014, please click here. 

Shareholder Services

Questions may be directed to Shareholder Services toll free at 1-877-248-4237.

For more information about Citi’s Depositary Receipt Services please visit www.citi.com/dr.