Ferguson PLC Announces Transaction in Own Shares
Ferguson plc (NYSE:FERG) reported the purchase of 140,323 ordinary shares from February 6 to February 10, 2023, as part of its $2.5 billion share repurchase program. Notably, this purchase activity included a daily average of roughly 28,064 shares, with prices ranging from $11,833.40 to $11,995.00 per share. After these transactions, Ferguson holds 25,786,713 shares in treasury, with 206,384,469 shares remaining in circulation. Shareholders can use this figure to assess any changes in their interests per Disclosure Guidance. Detailed purchase information is available according to Market Abuse Regulation standards.
- Purchase of 140,323 shares indicates strong commitment to shareholder returns.
- Remaining shares in issue at 206,384,469 improve shareholder value through reduced supply.
- None.
Ferguson Share Repurchase Program - Weekly Report
WOKINGHAM, UK / ACCESSWIRE / February 14, 2023 / Ferguson plc (NYSE:FERG)(LSE:FERG) (the "Company") announces today that it purchased a total of 140,323 of its ordinary shares in the period from February 6, 2023, up to and including February 10, 2023, in connection with its
Aggregated information about the purchases carried out during this period
Trading day | Aggregate daily volume (in number of shares) | Daily weighted average purchase price of the shares | Trading venue |
February 6, 2023 | 35,849 | 11,995.0000 | XLON |
February 7, 2023 | 18,646 | 11,980.0000 | XLON |
February 8, 2023 | 31,368 | 11,915.0000 | XLON |
February 9, 2023 | 20,108 | 11,980.6374 | XLON |
February 10, 2023 | 34,352 | 11,833.3996 | XLON |
The Company intends to hold these shares in treasury. Following the purchase of these shares (including those purchased but not yet settled), the number of shares held by the Company in treasury will be 25,786,713.
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 206,384,469. The figure of 206,384,469 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 Guidance 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, and the Commission Delegated Regulation (EU) 2016/1052, detailed information about the individual purchases is attached to this announcement.
http://www.rns-pdf.londonstockexchange.com/rns/7628P_1-2023-2-13.pdf
For further information please contact:
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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FAQ
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