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Ferguson PLC Announces Transaction in Own Shares

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Ferguson plc announced the repurchase of 190,000 ordinary shares at a price of £93.32 each on May 6, 2022, as part of its $2 billion share repurchase program. The company will hold these shares in treasury, increasing the total treasury shares to 16,582,394. Following this transaction, the total number of ordinary shares in issue will be 215,588,788. This figure will serve as the denominator for shareholder notifications under the Disclosure and Transparency Rules.

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WOKINGHAM, ENGLAND / ACCESSWIRE / May 9, 2022 / Ferguson plc (the "Company") announces that on May 06, 2022 it purchased for Treasury the following number of its ordinary shares of 10 pence each in connection with its $2 billion share repurchase program.

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

Number of shares repurchased: 190,000

Date of transaction: May 06, 2022

Price paid per share: £93.320000

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 16,582,394 Shares in Treasury.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 215,588,788.

The figure of 215,588,788 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/6818K_1-2022-5-6.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

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



View source version on accesswire.com:
https://www.accesswire.com/700567/Ferguson-PLC-Announces-Transaction-in-Own-Shares

FAQ

What was the share repurchase price of Ferguson plc on May 6, 2022?

Ferguson plc repurchased shares at a price of £93.32 each.

How many shares did Ferguson plc repurchase on May 6, 2022?

Ferguson plc repurchased a total of 190,000 ordinary shares.

What is the total number of treasury shares held by Ferguson plc after the recent buyback?

After the buyback, Ferguson plc holds 16,582,394 shares in treasury.

What is the remaining number of ordinary shares in issue after Ferguson plc's buyback?

The remaining number of ordinary shares in issue will be 215,588,788.

Ferguson Enterprises Inc.

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