Ferrovial SE Launches New Share Buy-back Program
Ticker: FER · Form: 6-K · Filed: Aug 2, 2024 · CIK: 1468522
| Field | Detail |
|---|---|
| Company | Ferrovial Se (FER) |
| Form Type | 6-K |
| Filed Date | Aug 2, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, incentive-plans
TL;DR
Ferrovial is buying back up to 10M shares for its incentive plans.
AI Summary
Ferrovial SE announced on August 2, 2024, a new share buy-back program of up to 10,000,000 shares, representing approximately 0.76% of the company's share capital. This program is intended to cover obligations arising from the company's share-based incentive plans.
Why It Matters
This buy-back program indicates Ferrovial's commitment to its incentive plans and can potentially support its share price by reducing the number of outstanding shares.
Risk Assessment
Risk Level: low — The buy-back is a standard corporate action for incentive plans and represents a small percentage of the company's capital.
Key Numbers
- 10,000,000 — Shares to be bought back (Part of a new share buy-back program)
- 0.76% — Share capital percentage (Represents the maximum buy-back amount)
Key Players & Entities
- Ferrovial SE (company) — Registrant
- August 2, 2024 (date) — Announcement date
- 10,000,000 shares (dollar_amount) — Maximum number of shares in buy-back program
- 0.76% (dollar_amount) — Percentage of share capital represented by buy-back
FAQ
What is the purpose of Ferrovial SE's new share buy-back program?
The program is intended to cover obligations arising from the company's share-based incentive plans.
What is the maximum number of shares Ferrovial SE plans to buy back?
Ferrovial SE plans to buy back up to 10,000,000 shares.
What percentage of Ferrovial SE's share capital does the buy-back program represent?
The buy-back program represents approximately 0.76% of the company's share capital.
When was this share buy-back program announced?
The share buy-back program was announced on August 2, 2024.
What form is this filing?
This filing is a Form 6-K, a Report of Foreign Private Issuer.
Filing Stats: 214 words · 1 min read · ~1 pages · Grade level 10 · Accepted 2024-08-02 06:23:45
Filing Documents
- a6-kbuyxbackprogram282024.htm (6-K) — 27KB
- ferrovialtransactionsbuy.htm (EX-99.1) — 3KB
- ferrovialtransactionsbuy001.jpg (GRAPHIC) — 156KB
- ferrovialtransactionsbuy002.jpg (GRAPHIC) — 144KB
- ferrovialtransactionsbuy003.jpg (GRAPHIC) — 64KB
- 0001468522-24-000055.txt ( ) — 532KB
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 August 2, 2024 By s Ernesto Lpez Mozo Ernesto Lpez Mozo Chief Financial Officer