Spain’s Ferrovial launched on New York’s Nasdaq stock exchange yesterday, meaning its shares are now trading in the US, Spain and the Netherlands under the ticker symbol “FER”.
It called the move “a key step in the company’s internationalisation process and its growth commitment in North America”.
The company’s share buyback programme announced on 11 April will be extended to the US markets.
The total maximum net investment under the programme is €500m and the total number of shares repurchased may not exceed 37,000,000.
The programme’s duration runs from 2 May to 31 December 2024.