Ferrovial SE

Ferrovial N.V. announced the ratio and number of shares to be delivered for its interim scrip dividend, totaling EUR 400 million or EUR 0.5578 per share. The ratio is one Ferrovial Share for every 103.5826 existing shares, based on a volume weighted average price of EUR 57.7784. The company will deliver 5,230,564 shares from treasury, ensuring no change to total issued share capital. Payment and share delivery will commence from June 15, 2026.

Ferrovial reported transactions under its ongoing share repurchase program, which began on December 15, 2025. The company disclosed weekly updates on share purchases made between April 27 and May 22, 2026. As of May 17, 2026, Ferrovial has cumulatively repurchased 4,650,374 shares for a total amount of €270,847,997.18 under the program.

The filing primarily details forward-looking statements and associated risks, including those related to the main steps of a scrip dividend. Ferrovial highlights significant uncertainties such as economic conditions, regulatory changes, and operational challenges across its diverse global infrastructure projects. The company also provides an overview of its business model, global presence, and key projects, particularly in North America.

Ferrovial SE, a leading North American road and airport infrastructure company, presented its investor factbook highlighting strong performance and growth. The company achieved a 13% 10-year CAGR Total Shareholder Return and a $47 billion market capitalization as of December 31, 2025. Its equity value from infrastructure assets quadrupled to €43.3 billion between 2016 and 2025, driven by unique assets like 407 ETR and DFW Express Lanes. Ferrovial also emphasized its robust pipeline of new greenfield projects in North America and its commitment to shareholder distributions.

Ferrovial N.V. announced an interim scrip dividend totaling EUR 400 million, offering shareholders the choice to receive payment in cash or new Ferrovial shares. Shares will trade ex-dividend on May 18, 2026 (Europe) and May 19, 2026 (US), with the record date set for May 19, 2026. The election period for shareholders runs from May 20 to June 2, 2026, and payments will commence from June 15, 2026. Cash dividends are subject to a 15% Dutch withholding tax.

Ferrovial reported solid Q1 2026 results with double-digit growth in revenue and adjusted EBITDA, driven by strong performance across all business divisions, particularly US Highways. Revenue increased by 10.2% on a like-for-like basis to EUR 2,098 million, and adjusted EBITDA rose by 15.0% like-for-like to EUR 321 million. The company maintained a strong financial position with significant liquidity and a record-high construction order book, while also progressing on key projects like JFK New Terminal One.

Ferrovial SE has completed its conversion from a Societas Europaea (SE) to a Dutch public limited liability company (naamloze vennootschap or N.V.), effective April 30, 2026. As a result, the company's name has changed to Ferrovial N.V. This conversion follows a resolution adopted at the shareholders meeting on April 9, 2026, and the company's articles of association have been amended to reflect the new legal form.

Ferrovial SE filed a Form 6-K to report transactions carried out under its ongoing share repurchase program. The report details activities from March 27, 2026, to April 24, 2026. This update includes four attached press releases, providing further details on the program which originally started on December 15, 2025.