Ferrovial SE Announces Share Repurchase Program
Ticker: FER · Form: 6-K · Filed: Dec 18, 2024 · CIK: 1468522
Sentiment: neutral
Topics: share-repurchase, capital-management, employee-incentives
TL;DR
Ferrovial is buying back ~1.25% of its stock to offset employee share issuances.
AI Summary
Ferrovial SE announced on December 18, 2024, a share repurchase program. The company is authorized to repurchase up to 10,000,000 shares, representing approximately 1.25% of its current share capital. This program is intended to offset the dilutive effect of shares issued under employee incentive plans.
Why It Matters
This move aims to maintain shareholder value by counteracting potential dilution from employee stock issuances, signaling a commitment to existing investors.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a share repurchase program, which is a common corporate action with limited immediate risk.
Key Numbers
- 10,000,000 shares — Share Repurchase Authorization (Maximum number of shares Ferrovial SE can buy back under the new program.)
- 1.25% — Repurchase Percentage (Represents the approximate portion of the company's share capital eligible for repurchase.)
Key Players & Entities
- Ferrovial SE (company) — Filer of the report and subject of the repurchase program
- 10,000,000 shares (dollar_amount) — Maximum number of shares to be repurchased
- 1.25% (dollar_amount) — Approximate percentage of share capital to be repurchased
- December 18, 2024 (date) — Date of the announcement and filing
FAQ
What is the primary purpose of Ferrovial SE's share repurchase program?
The program is intended to offset the dilutive effect of shares issued under employee incentive plans.
How many shares can Ferrovial SE repurchase?
Ferrovial SE is authorized to repurchase up to 10,000,000 shares.
What percentage of its share capital does the repurchase program represent?
The repurchase program represents approximately 1.25% of Ferrovial SE's current share capital.
When was this share repurchase program announced?
The share repurchase program was announced on December 18, 2024.
Under which section of the SEC Acts is this report filed?
This report is filed as a Form 6-K, Report of Foreign Private Issuer Pursuant to Section 13a-16 or 15d-16 Under the Securities Exchange Act of 1934.
Filing Stats: 272 words · 1 min read · ~1 pages · Grade level 9.6 · Accepted 2024-12-18 13:08:37
Filing Documents
- a6krepurchaseprogramissued.htm (6-K) — 30KB
- oircapitalsocial_eng.htm (EX-99.1) — 1KB
- ferrovialtransactionspro.htm (EX-99.2) — 3KB
- ferrovialtransactionspro001.jpg (GRAPHIC) — 159KB
- ferrovialtransactionspro002.jpg (GRAPHIC) — 154KB
- ferrovialtransactionspro003.jpg (GRAPHIC) — 151KB
- ferrovialtransactionspro004.jpg (GRAPHIC) — 72KB
- oircapitalsocial_eng001.jpg (GRAPHIC) — 45KB
- 0001468522-24-000133.txt ( ) — 836KB
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 18, 2024 By s Ernesto Lpez Mozo Ernesto Lpez Mozo Chief Financial Officer