Ferguson PLC Announces Transaction in Own Shares
Ferguson plc has announced the repurchase of 80,000 ordinary shares as part of its $2 billion share repurchase program, executed on March 31, 2022, at a price of £103.80 per share. Following this transaction, Ferguson holds a total of 14,690,299 shares in treasury, leaving 217,480,883 ordinary shares in circulation. This share buyback is aimed at enhancing shareholder value. The report is compliant with the Market Abuse Regulation, ensuring transparency in shareholding notifications.
- Repurchased 80,000 shares, enhancing shareholder value.
- Total of 14,690,299 shares now held in treasury.
- Compliance with the Market Abuse Regulation promotes transparency.
- None.
WOKINGHAM, UK / ACCESSWIRE / April, 1 2022 / Ferguson plc (the "Company") announces that on March 31, 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 31, 2022
Price paid per share: £103.800000
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 14,690,299 Shares in Treasury.
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 217,480,883.
The figure of 217,480,883 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/8500G_1-2022-3-31.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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