Ferguson PLC Announces Transaction in Own Shares
Ferguson plc announced that on May 11, 2022, it repurchased 33,401 ordinary shares at a price of £93.34 per share as part of its $2 billion share repurchase program. Following this transaction, the total number of shares in Treasury is 16,853,229, while the remaining shares outstanding will be 215,317,953. This buyback aligns with the company's strategy to enhance shareholder value. Further details can be found in the attached announcement and the company plans to retain these shares in Treasury.
- Share repurchase aligns with shareholder value enhancement strategy.
- Reduces the number of shares outstanding to 215,317,953.
- None.
WOKINGHAM, UK / ACCESSWIRE / May 12, 2022 / Ferguson plc (the "Company") announces that on May 11, 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: 33,401
Date of transaction: May 11, 2022
Price paid per share: £93.338386
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 16,853,229 Shares in Treasury.
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 215,317,953.
The figure of 215,317,953 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/1734L_1-2022-5-11.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/701054/Ferguson-PLC-Announces-Transaction-in-Own-Shares
FAQ
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