Cemex shareholders opt to capitalise

Cemex shareholders opt to capitalise
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. Published under Cement News