Ferrovial Begins Trading on Nasdaq Under Symbol "FER"
Ferrovial, a leading infrastructure company, has begun trading on the Nasdaq under the symbol 'FER'. The U.S. listing marks a significant step in the company's internationalization efforts and expansion plans in North America. Ferrovial's ordinary shares will also continue to trade in Spain and the Netherlands. The company's admission to the U.S. market aims to showcase the value of its assets and projects to American investors interested in the infrastructure sector. Additionally, Ferrovial has extended its share buyback program to the U.S. markets, with a total net investment of EUR 500 million and a maximum of 37,000,000 shares to be repurchased.
Ferrovial's listing on the Nasdaq provides increased visibility and access to U.S. investors interested in the infrastructure sector, potentially driving more investment in the company.
The extension of the share buyback program to the U.S. markets demonstrates Ferrovial's commitment to enhancing shareholder value and confidence in the company's future growth prospects.
Potential market volatility and fluctuations in share prices may impact the success of Ferrovial's listings on multiple exchanges, posing risks to investors.
The termination of the share buyback program before its planned expiry date may indicate unexpected financial constraints or changes in the company's strategic priorities.
- As of today, Ferrovial shares will trade simultaneously in the
U.S. ,the Netherlands andSpain - The
U.S. listing represents a key step in Ferrovial's internationalization process and plans for growth inNorth America
Upon commencement of trading, Ferrovial will become the first company in the IBEX 35 index to list its ordinary shares on Nasdaq. The Company has been present in the
The Company's ordinary shares will continue to be listed and traded, under the ticker symbol "FER", in
The admission to trading of Ferrovial's ordinary shares in the
Share buyback program
Following the Company's Nasdaq listing, the Company's share buyback program announced on April 11, 2024 will be extended to the
Repurchases in the
About Ferrovial
Ferrovial is one of the world's leading infrastructure companies. The Company operates in more than 15 countries and has a workforce of over 24,000 worldwide. Ferrovial is triple listed on Euronext Amsterdam, the Spanish Stock Exchanges and Nasdaq, and is a member of
Forward-looking Statements
This press release contains forward-looking statements, which include statements with respect to the Company's planned listing on Nasdaq, including the expected timing thereof, our business, and other non-historical statements. Forward-looking statements are typically identified by words or phrases, such as "about," "believe," "expect," "plan," "goal," "target," "strategy," and similar expressions or future or conditional verbs such as "may," "will," "should," "would," and "could." Forward-looking statements are based on our current estimates or expectations of future events or future results and are subject to risks and uncertainties and actual results could differ materially from those indicated by these statements. Ferrovial's registration statement on Form 20-F, publicly filed with the SEC on April 29, 2024, including the section captioned "Risk Factors," contains additional information about factors that could affect actual results, including risks relating to our industry, business operations, financing and liquidity, regulation and other risks described in the registration statement. The forward-looking statements included in this press release are made and based on information available at the time of the release, and the Company assumes no obligation to update any forward-looking statement.
The information, opinions, and forward-looking statements contained in this announcement speak only as at its date and are subject to change without notice.
Press Contacts
Rebecca Rountree
+1 512 568 5015
rrountree@ferrovial.com
Isabel Muñoz
+34 660528832
mimunoz@ferrovial.com
Investor Relations
+34 91 586 25 65 (
+31 20 798 3724 (
ir@ferrovial.com
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SOURCE Ferrovial
FAQ
What is the symbol under which Ferrovial is trading on the Nasdaq?
Where will Ferrovial's ordinary shares continue to be listed and traded besides the U.S.?