Ferguson Share Repurchase Program - Weekly Report

Rhea-AI Summary

Ferguson plc (NYSE: FERG, LSE: FERG) has repurchased 132,312 ordinary shares from June 3 to June 6, 2024, as part of its $4 billion share buyback program. The shares were acquired on various trading venues at daily weighted average prices ranging from USD 196.1500 to USD 203.0904. The company will hold these shares in treasury, increasing its treasury share count to 30,363,223, while the total number of ordinary shares in issue will be 201,807,959. Shareholders can use this figure for necessary notification obligations under relevant disclosure rules. Detailed purchase information is available on Ferguson's investor relations site.

Positive

• Repurchased 132,312 shares as part of a $4 billion buyback program.
• Average purchase price ranged from USD 196.1500 to USD 203.0904, indicating strategic price levels.
• Total shares held in treasury increased to 30,363,223.
• Remaining number of ordinary shares in issue is 201,807,959, reducing share count and potentially increasing EPS.

Negative

• No significant negative financial or business aspects identified in this PR.

WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 132,312 of its ordinary shares in the period from June 3, 2024, up to and including June 6, 2024, in connection with its $4.0 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 (USD)	Trading Venue
June 3, 2024	400	202.5625	ARCX
June 3, 2024	91	203.0700	BATS
June 3, 2024	112	203.0904	XBOS
June 3, 2024	1,600	202.4331	XNAS
June 3, 2024	27,819	202.2704	XNYS
June 4, 2024	700	197.9671	ARCX
June 4, 2024	100	197.9100	BATS
June 4, 2024	300	196.1500	CDRG
June 4, 2024	3,050	197.8169	XNAS
June 4, 2024	45,850	197.5465	XNYS
June 5, 2024	181	198.5431	ARCX
June 5, 2024	1,000	200.2820	XNAS
June 5, 2024	22,277	200.2970	XNYS
June 6, 2024	6	199.8367	ARCX
June 6, 2024	100	200.9100	EDGA
June 6, 2024	2,097	200.1599	HRTF
June 6, 2024	205	200.1846	KNLI
June 6, 2024	790	200.1194	XNAS
June 6, 2024	25,558	200.6850	XNYS
June 6, 2024	76	199.8600	XTXD

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 30,363,223.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 201,807,959. The figure of 201,807,959 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 - 2024 Share Buy-Back.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240612384127/en/

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

Source: Ferguson plc

FAQ

What is the total number of Ferguson shares repurchased from June 3 to June 6, 2024?

Ferguson repurchased 132,312 of its ordinary shares from June 3 to June 6, 2024.

What is the purpose of Ferguson's share repurchase program?

The share repurchase program is part of Ferguson's $4 billion initiative to buy back its ordinary shares.

At what price did Ferguson buy back its shares between June 3 and June 6, 2024?

Ferguson repurchased shares at daily weighted average prices ranging from USD 196.1500 to USD 203.0904.

How many shares will Ferguson hold in treasury after the recent repurchase?

Ferguson will hold 30,363,223 shares in treasury following the recent repurchase.

How many ordinary shares remain in issue after Ferguson's recent share buyback?

The remaining number of ordinary shares in issue will be 201,807,959.