Ferrovial SE Launches Share Repurchase Program
Ticker: FER · Form: 6-K · Filed: Dec 10, 2024 · CIK: 1468522
Sentiment: bullish
Topics: share-repurchase, stock-buyback, corporate-action
TL;DR
Ferrovial SE is buying back up to 10M shares by year-end. Bullish signal.
AI Summary
Ferrovial SE announced on December 10, 2024, a new share repurchase program. The company intends to repurchase up to 10,000,000 shares, representing approximately 0.76% of the company's share capital. This program is expected to be completed by December 31, 2024.
Why It Matters
This repurchase program indicates management's confidence in the company's valuation and can potentially boost shareholder value by reducing the number of outstanding shares.
Risk Assessment
Risk Level: low — The filing is a routine announcement of a share repurchase program, which is a common corporate action with limited immediate risk.
Key Numbers
- 10,000,000 — Shares to Repurchase (Represents up to 0.76% of share capital)
Key Players & Entities
- Ferrovial SE (company) — Registrant
- 10,000,000 shares (dollar_amount) — Maximum number of shares to be repurchased
- December 10, 2024 (date) — Announcement date
- December 31, 2024 (date) — Expected completion date of repurchase program
FAQ
What is the maximum number of shares Ferrovial SE intends to repurchase?
Ferrovial SE intends to repurchase up to 10,000,000 shares.
What percentage of the company's share capital does the repurchase program represent?
The repurchase program represents approximately 0.76% of the company's share capital.
When was this share repurchase program announced?
The share repurchase program was announced on December 10, 2024.
By what date is the repurchase program expected to be completed?
The repurchase program is expected to be completed by December 31, 2024.
What is the filing form type?
The filing form type is a 6-K.
Filing Stats: 213 words · 1 min read · ~1 pages · Grade level 10.2 · Accepted 2024-12-10 09:30:57
Filing Documents
- a6krepurchaseprogram101224.htm (6-K) — 28KB
- ferrovialtransactionspro.htm (EX-99.1) — 3KB
- ferrovialtransactionspro001.jpg (GRAPHIC) — 159KB
- ferrovialtransactionspro002.jpg (GRAPHIC) — 159KB
- ferrovialtransactionspro003.jpg (GRAPHIC) — 157KB
- 0001468522-24-000124.txt ( ) — 687KB
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 December 10, 2024 By s Ernesto Lpez Mozo Ernesto Lpez Mozo Chief Financial Officer