Ferguson PLC Announces Transaction in Own Shares
Ferguson plc announced on June 13, 2022, that it repurchased 150,000 ordinary shares at a price of £89.52 each as part of its $2 billion share repurchase program. Following this transaction, the company holds a total of 18,946,764 shares in treasury, while the total number of ordinary shares in issue will be 213,224,418. This buyback aims to enhance shareholder value and is in compliance with the Market Abuse Regulation. For further inquiries, investors can contact the company's investor relations representatives.
- Successfully repurchased 150,000 shares for Treasury, indicating strong capital management.
- Total shares now held in Treasury stands at 18,946,764, showing commitment to returning value to shareholders.
- Supports ongoing $2 billion share repurchase program, signaling confidence in the company's financial health.
- None.
WOKINGHAM, UK / ACCESSWIRE / June 14, 2022 / Ferguson plc (the "Company") announces that on June 13, 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: 150,000
Date of transaction: June 13, 2022
Price paid per share: £89.520000
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 18,946,764 Shares in Treasury.
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 213,224,418.
The figure of 213,224,418 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/7130O_1-2022-6-13.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
View source version on accesswire.com:
https://www.accesswire.com/704969/Ferguson-PLC-Announces-Transaction-in-Own-Shares
FAQ
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