Ferrovial SE Launches Share Repurchase Program
Ticker: FER · Form: 6-K · Filed: Feb 25, 2025 · CIK: 1468522
Sentiment: neutral
Topics: share-repurchase, stock-buyback, corporate-action
TL;DR
Ferrovial is buying back up to 1M shares in March, signaling confidence.
AI Summary
Ferrovial SE announced a new share repurchase program on February 25, 2025, authorizing the acquisition of up to 1,000,000 shares, representing approximately 0.13% of the company's share capital. The program will commence on March 1, 2025, and conclude by March 31, 2025, with shares being acquired at market prices.
Why It Matters
This share repurchase program indicates Ferrovial's confidence in its valuation and its commitment to returning value to shareholders.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a share repurchase program, which is a common corporate action.
Key Numbers
- 1,000,000 — Shares to Repurchase (Represents up to approximately 0.13% of the company's share capital.)
Key Players & Entities
- Ferrovial SE (company) — Filer of the report and subject of the repurchase program
- 1,000,000 shares (dollar_amount) — Maximum number of shares to be repurchased
- March 1, 2025 (date) — Start date of the repurchase program
- March 31, 2025 (date) — End date of the repurchase program
FAQ
What is the maximum number of shares Ferrovial SE intends to repurchase?
Ferrovial SE intends to repurchase up to a maximum of 1,000,000 shares.
When will the share repurchase program commence?
The share repurchase program will commence on March 1, 2025.
When is the share repurchase program scheduled to conclude?
The share repurchase program is scheduled to conclude by March 31, 2025.
What percentage of the company's share capital does the repurchase program represent?
The repurchase program represents approximately 0.13% of Ferrovial SE's share capital.
How will the shares be acquired?
The shares will be acquired at market prices.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on February 25, 2025 regarding Ferrovial SE (FER).