Ferguson Share Repurchase Program - Weekly Report

Rhea-AI Summary

Ferguson plc purchased 84,607 of its ordinary shares as part of its $3.0 billion share repurchase program.

Positive

• The share repurchase program indicates confidence in the company's future and may positively impact stock price.

Negative

• None.

WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 84,607 of its ordinary shares in the period from September 4, 2023, up to and including September 8, 2023, in connection with its $3.0 billion share repurchase program.

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
September 4, 2023	217	127.750000	XLON
September 5, 2023	6,536	126.400000	BATE
September 5, 2023	3,304	126.400000	CHIX
September 5, 2023	17,138	126.400000	XLON
September 6, 2023	7,712	124.850000	BATE
September 6, 2023	17,865	124.850000	XLON
September 7, 2023	7,990	123.700000	BATE
September 7, 2023	18,434	123.700000	XLON
September 8, 2023	5,411	123.514878	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 28,173,250.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 203,997,932. The figure of 203,997,932 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 can be found at Ferguson - Investors - Shareholder Center - Share Buy-Back Details - 2023 Share Buy-Back.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230912040063/en/

Brian Lantz, Vice President IR and Communications +1 224 285 2410

Pete Kennedy, Director of Investor Relations +1 757 603 0111

Source: Ferguson plc