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DP2 I N V I T AT I O NT OT E N D E RF O R M1. Schedule to Tender No 2124083/B2110/340062 DATED 15 Oct 2021. This tender will be closed for acceptance at 1030 Hours and will be opened at 1100 Hours
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Cemex announces a tender offer when it proposes to purchase a certain number of its own shares or those of another company, often at a specified price within a given timeframe.
Companies like Cemex that are publicly traded and wish to buy back shares or acquire another company are required to file a tender offer.
To fill out a tender offer, the company must provide details such as the number of shares being offered, the offer price, and the terms and conditions of the offer, typically in a formal document submitted to the appropriate regulatory body.
The purpose of announcing a tender offer is to provide an opportunity for shareholders to sell their shares back to the company at a set price, often to optimize capital structure, return value to shareholders, or consolidate ownership.
Information that must be reported includes the offer price, the number of shares sought, the reason for the tender offer, and any relevant financial information that may affect shareholder decisions.
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