Ferrovial joins Nasdaq; rings in a new era in the U.S.
An open letter from Ferrovial CEO Ignacio Madridejos
NEW YORK, May 9, 2024 /PRNewswire/ -- Today in New York and around the world, Ferrovial employees are celebrating our entrance into the U.S. stock market, a significant milestone for us as one of the world's leading infrastructure companies.
Ferrovial began trading under the Nasdaq ticker symbol FER. To mark the occasion, our Chairman Rafael del Pino rang the opening bell, signaling not only the opening of trading, but the opening of a new era for Ferrovial in the U.S. It's a market we know well. We have been here for more than 20 years building and managing toll roads in Texas, Virginia, and North Carolina, and we are currently developing the New Terminal One at JFK International Airport in New York.
Today, more than 80% of Ferrovial's equity value comes from North America, according to analysts' consensus, primarily the United States. With approximately $27 billion in market capitalization, we are North America's largest listed road and airport infrastructure company. We plan to continue to expand our North American asset base in the coming years. Our ability to expand and scale depends on having access to capital markets around the world. Given the significance of our operations and opportunity in the U.S., our presence on Nasdaq is an obvious next step that positions ...
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