Ferguson Share Repurchase Program - Weekly Report

Rhea-AI Summary

Ferguson plc (NYSE: FERG, LSE: FERG) announced it purchased 68,419 of its ordinary shares between June 10 and June 14, 2024, as part of its $4.0 billion share repurchase program.

The purchases were made across various trading venues at daily weighted average prices ranging from $198.2411 to $209.7000. The company now holds 30,431,642 shares in treasury, leaving 201,739,540 ordinary shares in issue. The remaining share count will be used by shareholders for interest notifications under applicable regulations.

Detailed information on the purchases is available on Ferguson’s investor relations website.

Positive

• Ferguson completed the repurchase of 68,419 shares as part of its $4.0 billion share repurchase program.
• The daily weighted average purchase prices ranged between $198.2411 and $209.7000, reflecting strategic buying opportunities.

Negative

• No significant negative business aspects were reported in the press release.

WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 68,419 of its ordinary shares in the period from June 10, 2024, up to and including June 14, 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 10, 2024	907	198.4229	MEMX
June 10, 2024	6,095	198.7119	XDOT
June 10, 2024	3,700	198.6954	INET
June 10, 2024	1,000	198.7320	ARCA
June 10, 2024	1,200	198.6400	EDGX
June 10, 2024	1,000	199.1570	BATS
June 10, 2024	200	198.4300	XPER
June 10, 2024	27	198.2411	IEX
June 10, 2024	136	198.8994	CHX
June 10, 2024	100	199.8600	BEX
June 10, 2024	100	199.8700	NQPX
June 11, 2024	5,413	200.1540	XDOT
June 11, 2024	500	200.4160	MEMX
June 11, 2024	3,391	200.1689	INET
June 11, 2024	1,500	199.8367	EDGX
June 11, 2024	1,624	200.3906	BATS
June 11, 2024	765	199.8270	ARCA
June 11, 2024	400	199.5950	XPER
June 11, 2024	295	200.0615	CHX
June 11, 2024	100	199.6500	EPRL
June 11, 2024	1	200.7600	BYXX
June 11, 2024	11	200.9000	IEX
June 11, 2024	100	200.8200	NQPX
June 12, 2024	600	209.0150	BATS
June 12, 2024	1,241	208.6861	ARCA
June 12, 2024	5,103	209.1330	XDOT
June 12, 2024	3,184	208.8801	INET
June 12, 2024	1,408	208.6499	EDGX
June 12, 2024	800	209.2225	MEMX
June 12, 2024	300	208.9567	EPRL
June 12, 2024	40	209.7000	CHX
June 13, 2024	800	207.5500	EDGX
June 13, 2024	5,942	207.4859	XDOT
June 13, 2024	3,827	207.3530	INET
June 13, 2024	903	207.3151	ARCA
June 13, 2024	600	206.9217	BATS
June 13, 2024	300	207.0467	MEMX
June 13, 2024	200	207.2150	EPRL
June 13, 2024	125	206.9607	IEX
June 13, 2024	43	207.7300	BYXX
June 14, 2024	2,643	201.4992	INET
June 14, 2024	400	202.0475	BATS
June 14, 2024	400	201.5775	BEX
June 14, 2024	1,603	201.3486	ARCA
June 14, 2024	6,168	201.1809	XDOT
June 14, 2024	108	201.3022	BYXX
June 14, 2024	715	201.4758	EDGX
June 14, 2024	600	201.7250	EDGA
June 14, 2024	101	203.1471	EPRL
June 14, 2024	700	201.0257	IEX
June 14, 2024	200	201.2550	NQPX
June 14, 2024	400	201.1500	MEMX
June 14, 2024	300	200.9967	NSX
June 14, 2024	100	201.7500	XPER

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 30,431,642.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 201,739,540. The figure of 201,739,540 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/20240619554519/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 value of Ferguson's share repurchase program?

Ferguson's share repurchase program is valued at $4.0 billion.

How many shares did Ferguson repurchase between June 10 and June 14, 2024?

Ferguson repurchased a total of 68,419 shares between June 10 and June 14, 2024.

What were the daily weighted average purchase prices for Ferguson's share repurchases?

The daily weighted average purchase prices for Ferguson’s share repurchases ranged from $198.2411 to $209.7000.

How many shares does Ferguson currently hold in treasury after the latest repurchases?

Ferguson currently holds 30,431,642 shares in treasury after the latest repurchases.

What is the remaining number of ordinary shares in issue for Ferguson plc?

The remaining number of ordinary shares in issue for Ferguson plc is 201,739,540.