Cemex shareholders opt to capitalise

Cemex shareholders opt to capitalise
Published: 04 June 2004

Cemex said on Thursday more than 96 per cent of shareholders opted to take dividend payments in new shares in a capitalization of the world’s No 3 cement maker.  Cemex often gives shareholders the option of receiving dividend payments in shares - traditionally at a discount to the share price - or in cash. "Approximately 96.14 percent of shareholders opted for the handover of CPO shares, representing the issuance of a total of 75.4 million CPOs," Cemex said in a statement.