In recent communications, our CEO Jaime Muguiro has highlighted the importance of Cemex delivering strong and sustainable shareholder returns, and how this will be a key priority for Cemex going forward. Through improved financial performance and a clear focus on value creation, Cemex can continue to strengthen its position and reward those who invest in its long-term success.
The Cemex Buy As You Earn (BAYE) share incentive scheme allows all colleagues, after six month’s service, to buy Cemex shares in a tax-efficient way, allowing you to invest directly in the company’s future.
How does the BAYE work:
Shares are purchased from your pre-tax salary, before any income tax and National Insurance Contributions have been deducted.
The shares you buy must be held in the BAYE scheme for five years from their respective purchase date before they can be withdrawn free of income tax and National Insurance Contributions.
Shares purchased in this way should be considered a medium to long-term investment. You need to consider the risks associated with holding shares, as their value will fluctuate from the moment you purchase them.
How to join:
If you haven’t already explored the scheme, we encourage you to take a look and see whether it’s right for you. Click HERE for our booklet, providing full details about the BAYE scheme and how to join.
We also recommend that you read all the information, including the Terms and Conditions, which can be found HERE, before deciding whether or not you want to participate.
If you have any questions about the BAYE scheme, you can call 0371 384 2040. Lines are open from 8.30 am until 5.30 pm Monday to Friday (excluding Public Holidays in England and Wales).
By participating, you’re not just saving – you’re aligning yourself with the company’s strategy and sharing in the results of the progress we are making together.
Let’s continue to build Cemex’s success together.