{"id":124272,"date":"2024-05-09T13:35:16","date_gmt":"2024-05-09T11:35:16","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/?post_type=press_release&#038;p=124272"},"modified":"2024-05-09T18:13:18","modified_gmt":"2024-05-09T16:13:18","slug":"ferrovial-begins-trading-on-nasdaq-under-symbol-fer","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en\/press-releases\/ferrovial-begins-trading-on-nasdaq-under-symbol-fer\/","title":{"rendered":"Ferrovial Begins Trading on Nasdaq Under Symbol \u201cFER\u201d"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p><span data-contrast=\"auto\">Ferrovial SE (\u201cFerrovial\u201d or the \u201cCompany\u201d), <\/span><span data-contrast=\"auto\">one of the world\u2019s leading infrastructure companies<\/span><span data-contrast=\"auto\">, is pleased to announce that the U.S. Securities and Exchange Commission (\u201cSEC\u201d) declared its registration statement on Form 20-F effective on May 8.<\/span> <span data-contrast=\"auto\">Ferrovial&#8217;s ordinary shares will begin trading on the Nasdaq Global Select Market (&#8220;Nasdaq&#8221;) at the opening of the US market today under the ticker symbol &#8220;FER&#8221;.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Upon commencement of trading, Ferrovial will become <\/span><span data-contrast=\"auto\">the first company in the IBEX 35 index to list its ordinary shares on Nasdaq. The <\/span><span data-contrast=\"auto\">Company has been present in the U.S. for over twenty years, building a substantial portfolio of infrastructure assets.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The Company&#8217;s ordinary shares will continue to be listed and traded, under the ticker symbol \u201cFER\u201d, in Spain and in the Netherlands. The Company also notes that no shares are being offered as part of the additional U.S. listing.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The admission to trading of Ferrovial&#8217;s ordinary shares in the U.S. represents a key step in the Company\u2019s internationalization process and its growth commitment in North America. Ferrovial believes that this milestone will highlight the value of its assets and projects to U.S. investors with an interest in the infrastructure sector.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Share buyback program<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Following the Company\u2019s Nasdaq listing, the Company\u2019s share buyback program announced on April 11, 2024 will be extended to the U.S. markets. The total maximum net investment under the program is EUR 500 million and the total number of shares repurchased may not exceed 37,000,000. The program\u2019s duration is from May 2, 2024 to December 31, 2024, without prejudice of any extensions by the Company in view of the prevailing circumstances and such extensions being in the interest of the Company and its shareholders. The Company reserves the right to terminate the program prior to its expiry date if it has either acquired shares under the program for a price that reaches the maximum investment amount or acquired the maximum number of shares authorized by such termination date, or due to any other advisable circumstances. As of May 8, 2024, the Company acquired 600,000 shares under the share buy-back program, representing an aggregate net investment of EUR 20,947,283.78.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Repurchases in the U.S. markets under the program may be made in the open market or otherwise, with the amount and timing depending on market conditions and corporate needs. Open market repurchases will be structured to occur in accordance with applicable U.S. federal securities laws, including within the requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The program does not obligate the Company to acquire any particular amount of its common stock, and may be modified, suspended or terminated at any time at the discretion of the Company.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:true,&quot;134233118&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":124294,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[1104,1168,2251,1139,1132,2311,2481,2622],"nivel-5":[1903],"nivel-1":[],"nivel-3":[2480],"nivel-4":[2477],"class_list":["post-124272","press_release","type-press_release","status-publish","has-post-thumbnail","hentry","nivel-2-company-listing","nivel-2-company-objectives","nivel-2-corporate","nivel-2-corporate-government","nivel-2-estrategia-empresarial-es-es","nivel-2-history","nivel-2-internationalization","nivel-2-stock-exchange-information","nivel-5-ferrovial-en","nivel-3-netherlands","nivel-4-amsterdam-2"],"acf":[],"yoast_head":"<title>Ferrovial Begins Trading on Nasdaq Under Symbol \u201cFER\u201d Ferrovial<\/title>\n<meta name=\"description\" content=\"Sala de prensa Ferrovial | \u00daltimas noticias\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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