Ferguson PLC Announces Transaction in Own Shares
Ferguson plc announced the repurchase of 80,000 ordinary shares at £103.846891 each as part of its $2 billion share repurchase program on March 28, 2022. Following this transaction, the Company holds 14,450,299 shares in Treasury, with a total of 217,720,883 shares remaining in circulation. This figure will assist shareholders in determining their notification obligations under the Disclosure and Transparency Rules. Detailed information regarding the individual purchases is included in the announcement.
- Ferguson plc executed a share repurchase of 80,000 shares, contributing to ongoing capital return efforts.
- The current Treasury holdings stand at 14,450,299 shares, demonstrating a commitment to shareholder value.
- None.
WOKINGHAM, UK / ACCESSWIRE / March 29, 2022 / Ferguson plc (the "Company") announces that on March 28, 2022 it purchased for Treasury the following number of its ordinary shares of 10 pence each in connection with its
Description of shares: Ferguson plc - ordinary shares of 10 pence
Number of shares repurchased: 80,000
Date of transaction: March 28, 2022
Price paid per share: £103.846891
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 14,450,299 Shares in Treasury.
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 217,720,883.
The figure of 217,720,883 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/3056G_1-2022-3-28.pdf
For further information, please contact:
Ferguson plc
Brian Lantz, Vice President IR and Communications | +1 224 285 2410 |
Pete Kennedy, Director of Investor Relations | +1 757 603 0111 |
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SOURCE: Ferguson PLC
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https://www.accesswire.com/695040/Ferguson-PLC-Announces-Transaction-in-Own-Shares
FAQ
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