Ferguson Share Repurchase Program - Weekly Report

Rhea-AI Summary

Ferguson plc announces the purchase of 101,363 ordinary shares as part of its $3.0 billion share repurchase program. The company aims to enhance shareholder value through this initiative.

Positive

• Ferguson plc repurchased 101,363 ordinary shares under its $3.0 billion share repurchase program.
• The share repurchase program is intended to boost shareholder value.
• The company is actively engaging in enhancing value for its shareholders.

Negative

• None.

WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 101,363 of its ordinary shares in the period from April 15, 2024, up to and including April 19, 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 15, 2024	605	215.5286	ARCX
April 15, 2024	100	215.4000	BATS
April 15, 2024	66	215.4400	BATY
April 15, 2024	100	213.5250	CDRG
April 15, 2024	1,101	215.7724	XNAS
April 15, 2024	20,459	215.4736	XNYS
April 16, 2024	278	214.1757	ARCX
April 16, 2024	1	214.5200	BATY
April 16, 2024	600	214.1567	XNAS
April 16, 2024	9,891	214.4391	XNYS
April 17, 2024	202	212.7433	ARCX
April 17, 2024	98	211.0700	EDGA
April 17, 2024	700	211.9900	XNAS
April 17, 2024	11,425	212.5001	XNYS
April 17, 2024	27	211.6900	XTXD
April 18, 2024	670	210.4522	ARCX
April 18, 2024	2	209.4500	BATY
April 18, 2024	98	211.1400	XCIS
April 18, 2024	600	210.9800	XNAS
April 18, 2024	10,863	210.9822	XNYS
April 18, 2024	219	212.0847	XTXD
April 19, 2024	2,595	209.0658	ARCX
April 19, 2024	84	210.2457	BATS
April 19, 2024	100	209.2500	CDRG
April 19, 2024	700	209.0400	HRTF
April 19, 2024	100	208.7500	JSJX
April 19, 2024	300	209.2867	KNLI
April 19, 2024	159	210.2732	XCIS
April 19, 2024	2,199	209.0715	XNAS
April 19, 2024	36,921	209.2384	XNYS
April 19, 2024	100	209.3300	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 29,895,550.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 202,275,632. The figure of 202,275,632 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/20240424276512/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 ordinary shares did Ferguson plc repurchase in the recent period?

Ferguson plc repurchased a total of 101,363 ordinary shares in the period from April 15, 2024, up to and including April 19, 2024.

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

Ferguson plc's share repurchase program aims to enhance shareholder value.

When did Ferguson plc announce the purchase of its ordinary shares?

Ferguson plc announced the purchase of its ordinary shares on April 19, 2024.

What is the total value of Ferguson plc's share repurchase program?

Ferguson plc's share repurchase program is valued at $3.0 billion.