Ferrovial SE Launches New Share Buyback Program
Ticker: FER · Form: 6-K · Filed: Mar 17, 2025 · CIK: 1468522
| Field | Detail |
|---|---|
| Company | Ferrovial Se (FER) |
| Form Type | 6-K |
| Filed Date | Mar 17, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, capital-allocation
TL;DR
Ferrovial SE is buying back up to €200M in stock over the next year, starting March 18th.
AI Summary
Ferrovial SE announced a new share buyback program on March 17, 2025, authorizing the repurchase of up to 10,000,000 shares, representing approximately 1.26% of the company's share capital. The program is set to commence on March 18, 2025, and will conclude no later than March 17, 2026, with a maximum aggregate value of €200 million.
Why It Matters
This buyback program signals management's confidence in the company's valuation and can potentially increase earnings per share by reducing the number of outstanding shares.
Risk Assessment
Risk Level: low — Share buybacks are a common capital allocation strategy and do not inherently represent a significant new risk for the company.
Key Numbers
- 10,000,000 — Shares to Buy Back (Represents up to 1.26% of the company's share capital.)
- €200 million — Maximum Buyback Value (The total financial commitment for the share repurchase program.)
Key Players & Entities
- Ferrovial SE (company) — Issuer of the 6-K filing and subject of the share buyback program.
- 10,000,000 shares (dollar_amount) — Maximum number of shares authorized for repurchase.
- March 18, 2025 (date) — Start date for the share buyback program.
- March 17, 2026 (date) — End date for the share buyback program.
- €200 million (dollar_amount) — Maximum aggregate value of the share buyback program.
FAQ
What is the primary purpose of this 6-K filing?
The primary purpose is to announce Ferrovial SE's new share buyback program.
What is the maximum number of shares Ferrovial SE plans to repurchase?
Ferrovial SE plans to repurchase up to 10,000,000 shares.
When does the new share buyback program commence and when does it end?
The program commences on March 18, 2025, and will conclude no later than March 17, 2026.
What is the maximum aggregate value authorized for the share buyback program?
The maximum aggregate value authorized for the share buyback program is €200 million.
What percentage of Ferrovial SE's share capital does the buyback represent?
The buyback of up to 10,000,000 shares represents approximately 1.26% of the company's share capital.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on March 17, 2025 regarding Ferrovial SE (FER).