75.55% of Ferrovial's capital has opted to receive the flexible dividend of 400 million euros in shares, which will be paid on June 15 of this year at a rate of 0.5578 euros per share, as the company notified the National Securities Market Commission (CNMV) this Thursday.
In this upcoming payment, the construction company will deliver one new share from treasury stock for every 103.5826 old shares. Once the election period has ended, Ferrovial will distribute 5,230,564 shares from its treasury stock, so that the total amount of issued share capital will remain unchanged.
The exchange ratio has been determined by taking as reference the volume-weighted average price of Ferrovial shares in the Madrid, Barcelona, Bilbao, and Valencia markets on May 29 and June 1 and 2, 2026, which was 57.7784 euros.
Consequently, shareholders representing approximately three-quarters of the outstanding shares on the dividend record date chose to receive the remuneration in shares or did not issue any instruction, which leads to the same result.
As of June 15, 2026, both the delivery of new shares and the settlement of generated fractions, as well as the payment of the cash dividend, will be executed.
The cash payment will be made in euros, except for holders with shares deposited in The Depository Trust Company (DTC) or in registered format, who will receive it in US dollars applying an exchange rate of 1.1651 dollars per euro, fixed on June 2, 2026, as stated in the communication sent to the CNMV.