Ferrovial SE Cancels 1 Million Treasury Shares
Ticker: FER · Form: 6-K · Filed: Jun 17, 2024 · CIK: 1468522
| Field | Detail |
|---|---|
| Company | Ferrovial Se (FER) |
| Form Type | 6-K |
| Filed Date | Jun 17, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-cancellation, treasury-shares, corporate-action
TL;DR
Ferrovial SE just axed 1M treasury shares, shrinking its float.
AI Summary
Ferrovial SE announced on June 17, 2024, that it has cancelled 1,000,000 treasury shares. These shares were acquired by the company and are now being cancelled, reducing the total number of outstanding shares.
Why It Matters
The cancellation of treasury shares reduces the total number of outstanding shares, which can potentially increase earnings per share and signal confidence from management.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of share cancellation and does not indicate any significant financial distress or operational changes.
Key Numbers
- 1,000,000 — Treasury Shares Cancelled (This action reduces the total number of outstanding shares.)
Key Players & Entities
- Ferrovial SE (company) — Registrant
- 1,000,000 (dollar_amount) — Number of treasury shares cancelled
FAQ
What is the purpose of cancelling treasury shares?
Cancelling treasury shares reduces the total number of outstanding shares, which can impact metrics like earnings per share and voting power.
When was the cancellation of treasury shares announced?
The cancellation of treasury shares was announced on June 17, 2024.
What is the filing type?
The filing type is a Form 6-K, which is a Report of Foreign Private Issuer.
What is Ferrovial SE's principal executive office address?
Ferrovial SE's principal executive office is located at Gustav Mahlerplein 61-63, Symphony Towers, 14th Floor, 1082 MS Amsterdam, The Netherlands.
Does Ferrovial SE file annual reports under Form 20-F or 40-F?
Ferrovial SE files annual reports under Form 20-F.
Filing Stats: 196 words · 1 min read · ~1 pages · Grade level 10.9 · Accepted 2024-06-17 12:11:05
Filing Documents
- a6kcancellationtreasurysha.htm (6-K) — 28KB
- cancellationoftreasurysh.htm (EX-99.1) — 4KB
- cancellationoftreasurysh001.jpg (GRAPHIC) — 189KB
- cancellationoftreasurysh002.jpg (GRAPHIC) — 62KB
- 0001468522-24-000028.txt ( ) — 379KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Ferrovial SE Date June 17, 2024 By s Ernesto Lpez Mozo Ernesto Lpez Mozo Chief Financial Officer