Ferguson PLC Announces Transaction in Own Shares

Rhea-AI Summary

Ferguson plc executed a share buyback on October 8, 2021, repurchasing 45,656 ordinary shares at a price of £104.30 each as part of its $1,000 million program initiated on September 28, 2021. With this transaction, Ferguson now holds 10,156,337 shares in treasury, leaving 222,014,845 shares outstanding. This share repurchase plan is in alignment with the company’s strategy to enhance shareholder value.

Positive

• Ferguson repurchased 45,656 shares, indicating a commitment to returning value to shareholders.
• The total shares in treasury increased to 10,156,337, potentially signaling confidence in the company's future prospects.

Negative

• None.

Transaction in own shares

WOKINGHAM, UK / ACCESSWIRE / October 11, 2021 / Ferguson plc (the "Company") announces that on October 08, 2021 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its $1,000 million share repurchase program, details of which were announced on September 28, 2021.

Description of shares: Ferguson plc - ordinary shares of 10 pence

Number of shares repurchased: 45,656

Date of transaction: October 08, 2021

Price paid per share: £104.300000

Broker: Barclays Capital Securities Limited

The Company intends to hold these Shares in Treasury.

Including Shares which have been purchased but not yet settled, the Company holds 10,156,337 Shares in Treasury.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 222,014,845.

The figure of 222,014,845 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), as it forms part of UK law by virtue of the European Union (Withdrawal) ACT 2018, detailed information about the individual purchases is attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/5743O_1-2021-10-9.pdf

For further information, please contact:

Ferguson plc

Bill Brundage, Chief Financial Officer	+1 757 223 6092
Brian Lantz, Vice President IR and Communications	+1 224 285 2410

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Ferguson PLC

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