Ferguson Share Repurchase Program - Weekly Report

Rhea-AI Summary

Ferguson plc (FERG) announces the purchase of 64,735 of its ordinary shares as part of its $3.0 billion share repurchase program. The Company bought shares between April 29, 2024, and May 3, 2024, with detailed purchase information provided. The Company intends to hold these shares in treasury, affecting the total number of shares held and in circulation.

WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 64,735 of its ordinary shares in the period from April 29, 2024, up to and including May 3, 2024, 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 (USD)	Trading Venue
April 29, 2024	200	213.9800	ARCX
April 29, 2024	500	213.9020	XNAS
April 29, 2024	9,650	214.1365	XNYS
April 30, 2024	697	213.2700	ARCX
April 30, 2024	62	211.6100	BATS
April 30, 2024	2,092	212.5419	XNAS
April 30, 2024	25,748	212.8883	XNYS
April 30, 2024	100	215.0700	XTXD
May 1, 2024	500	210.6020	ARCX
May 1, 2024	500	211.0500	XNAS
May 1, 2024	12,281	210.8762	XNYS
May 2, 2024	618	211.9920	ARCX
May 2, 2024	1,204	212.4224	XNAS
May 2, 2024	10,483	212.4809	XNYS
May 3, 2024	100	216.2200	XNYS

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 30,019,460.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 202,151,722. The figure of 202,151,722 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/20240508098490/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

How many shares did Ferguson plc repurchase?

Ferguson plc repurchased a total of 64,735 of its ordinary shares.

When did Ferguson plc repurchase the shares?

Ferguson plc repurchased shares between April 29, 2024, and May 3, 2024.

What is the purpose of Ferguson plc repurchasing shares?

Ferguson plc repurchased shares as part of its $3.0 billion share repurchase program.

Where can detailed information about the share repurchases be found?

Detailed information about the share repurchases can be found at Ferguson - Investors - Shareholder Center - Share Buy-Back Details - 2024 Share Buy-Back.

How many shares will Ferguson plc hold in treasury after the repurchases?

Ferguson plc intends to hold the repurchased shares in treasury, totaling 30,019,460 shares.

What will be the remaining number of ordinary shares in issue after the repurchases?

Following the repurchases, the remaining number of ordinary shares in issue will be 202,151,722.

Who can use the figure of 202,151,722 as the denominator for certain calculations?

Shareholders and those with notification obligations can use the figure of 202,151,722 as the denominator for calculations related to their interest in the Company.

How can detailed information about individual purchases be accessed?

Detailed information about individual purchases can be found on Ferguson's website under the Investor section.