Share Capital Information

The share capital is 138,548,942.50 euros, represented by 277,097,885 shares, each with a par value of FIFTY EURO CENTS, fully subscribed and disbursed. 

By virtue of the delegation resolution adopted by the Ordinary General Meeting of Shareholders of ACS at its meeting held on 9 May 2025, the Board of Directors of ACS, at its meeting held on 12 May 2026, resolved to increase the share capital of ACS by means of cash contributions and with the exclusion of the pre-emptive subscription rights of the Company’s shareholders by a maximum of five million four hundred and thirty-three thousand two hundred and ninety-one (5,433,291) shares, equivalent to approximately 2% of the Company’s share capital, through the issue and placement of new ordinary shares of the Company with a nominal value of fifty euro cents (€0.50) each, of the same class and series as those currently in circulation; an agreement which has been implemented through two deeds: 

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a public deed of Capital Increase by virtue of which the Delegation Agreement and the Board of Directors’ resolutions of 12 May 2026 relating to the Capital Increase were recorded, which was executed before the Notary of Madrid, Mr. Cruz Gonzalo López - Müller Gómez on 18 May 2026, under protocol number 931, registered in the Madrid Commercial Register on 19 May 2026, electronic folio IRUS: 1000240046752, entry/annotation 1088, Page M-30221.

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a deed of execution of the Capital Increase executed before the Notary of Madrid, Mr. Cruz Gonzalo López - Müller Gómez, on 19 May 2026, under protocol number 935, registered in the Madrid Commercial Register on 21 May 2026, electronic folio IRUS: 1000240046752, entry/annotation 1089, Page M-30221. 

Share Capital Evolution

Date

Transaction

Detail on share capital change

Shares

19 May 2026

Capital increase

Issuance of 5,433,291 new ordinary shares

277,097,885

21 March 2024

Capital reduction

Cancellation of 6,500,000 own shares for a nominal amount of 3,250,000 euros charged against profits or unrestricted reserves

271,664,594

23 March 2023

Capital reduction

Cancellation of 6,000,000 own shares for a nominal amount of 3,000,000 euros charged against profits or unrestricted reserves

278,164,594

10 November 2022

Capital reduction

Cancellation of 4,500,000 own shares for a nominal amount of 2,250,000 euros charged against profits or unrestricted reserves

284,164,594

12 May 2022

Capital reduction

Cancellation of 6,000,000 own shares for a nominal amount of 3,000,000 euros charged against profits or unrestricted reserves

288,664,594

24 January 2022

Capital reduction

Cancellation of 10,000,000 own shares for a nominal amount of 5,000,000 euros charged against profits or unrestricted reserves

294,664,594

11 November 2021

Capital reduction

Cancellation of 6,000,000 own shares for a nominal amount of 3,000,000 euros charged against profits or unrestricted reserves

304,664,594

24 September 2020

Capital reduction

Cancellation of 4,000,000 own shares for a nominal amount of 2,000,000 euros charged against profits or unrestricted reserves

310,664,594

31 July 2015

Capital reduction

Cancellation of 4,179,245 own shares for a nominal amount of 2,089,622.5 euros charged against unrestricted reserves

314,664,594

21 July 2015

Capital increase

First execution of the scrip of 4,179,245 shares in order to implement an optional dividend system.

318,843,839

09 September 2014

Capital reduction

Cancellation of 3,875,019 own shares for a nominal amount of 1,937,509.5 euros charged against unrestricted reserves

314,664,594

20 July 2014

Capital increase

First execution of the scrip of 3,875,019 shares in order to implement an optional dividend system

318,539,613

10 March 2014

Capital reduction

Cancellation of 2,562,846 own shares for a nominal amount of 1,281,423 euros charged against unrestricted reserves

314,664,594

18 February 2014

Capital increase

Second execution of the scrip of 2,562,486 shares in order to implement an optional dividend system

317,227,440

10 September 2013

Capital reduction

Cancellation of 7,853,637 own shares for a nominal amount of 3,926,818.5 euros charged against unrestricted reserves

314,664,594

23 July 2013

Capital increase

First execution of the scrip of 7,853,637 shares in order to implement an optional dividend system

322,518,231

25 May 2009

Capital reduction

Cancellation of 3,979,380 own shares

314,664,594

3 December 2008

Capital reduction

Cancellation of 16,746,453 own shares

318,643,974

26 May 2008

Capital reduction

Cancellation of 17,482,707 own shares

335,390,427

10 June 2004

Capital reduction

Cancellation of 902,452 own shares, reduction of the nominal value from €1.5/sh. to €0.5/sh., and 3-for-1 share split

352,873,134

15 December 2003

Capital increase

Issuance of 54,465,015 new shares to cover the share exchange resulting from the merger by absorption of Dragados

118,526,831

29 March 2001

 

Share capital redenomination to euros

64,061,816

29 February 2000

Capital increase

Issuance of 9,096,718 new shares to cover the share exchange resulting from the merger by absorption of the IMES Group

64,061,816

01 June 1999

Capital increase

Issuance of 7,169,361 new ordinary shares

54,965,098

13 January 1998

Capital increase

Issuance of 5,310,637 new ordinary shares

47,795,737

05 September 1997

Capital increase

Issuance of 19,352,380 new shares following the merger by absorption of OCP and Ginés Navarro, and initial public offering (IPO)

42,485,100

05 September 1997

Stock split

4-for-1 share split

23,132,720