Ferrovial SE Reduces Share Capital by €10M
Ticker: FER · Form: 6-K · Filed: Oct 7, 2024 · CIK: 1468522
| Field | Detail |
|---|---|
| Company | Ferrovial Se (FER) |
| Form Type | 6-K |
| Filed Date | Oct 7, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: capital-reduction, shares, corporate-action
TL;DR
Ferrovial cut 10M shares, reducing capital by €10M. Big changes coming?
AI Summary
Ferrovial SE announced a capital reduction on October 7, 2024, through the cancellation of 10,000,000 shares, each with a nominal value of €1.00. This reduction, effective from July 10, 2024, decreases the share capital by €10,000,000, bringing the total share capital to €150,000,000 represented by 150,000,000 shares.
Why It Matters
This capital reduction may signal a restructuring or a return of capital to shareholders, potentially impacting the company's financial structure and stock valuation.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a capital reduction, which is a standard corporate action with no immediate indication of significant financial distress or operational risk.
Key Numbers
- €10M — Capital Reduction Amount (Represents the decrease in the company's total share capital.)
- 10,000,000 — Shares Cancelled (The number of shares removed from circulation as part of the reduction.)
- €150B — New Total Share Capital (The updated total value of the company's issued share capital after the reduction.)
Key Players & Entities
- Ferrovial SE (company) — Filer of the report
- €10,000,000 (dollar_amount) — Total reduction in share capital
- 10,000,000 (dollar_amount) — Number of shares cancelled
- €1.00 (dollar_amount) — Nominal value per share
- €150,000,000 (dollar_amount) — New total share capital
- 150,000,000 (dollar_amount) — New total number of shares
- July 10, 2024 (date) — Effective date of capital reduction
- October 7, 2024 (date) — Date of the report filing
FAQ
What is the primary purpose of Ferrovial SE's capital reduction?
The filing indicates a capital reduction through the cancellation of shares, but the specific purpose beyond this action is not detailed in this excerpt.
When did the capital reduction become effective?
The capital reduction was effective from July 10, 2024.
How many shares were cancelled as part of this reduction?
10,000,000 shares were cancelled.
What is the new total share capital of Ferrovial SE after the reduction?
The new total share capital is €150,000,000, represented by 150,000,000 shares.
What is the nominal value of each cancelled share?
Each cancelled share had a nominal value of €1.00.
Filing Stats: 202 words · 1 min read · ~1 pages · Grade level 10.6 · Accepted 2024-10-07 12:46:16
Filing Documents
- capitalreduction7102024.htm (6-K) — 29KB
- a20241007announcementsha.htm (EX-99.1) — 4KB
- a20241007announcementsha001.jpg (GRAPHIC) — 195KB
- a20241007announcementsha002.jpg (GRAPHIC) — 75KB
- 0001468522-24-000080.txt ( ) — 407KB
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 October 7, 2024 By s Ernesto Lpez Mozo Ernesto Lpez Mozo Chief Financial Officer