Ferguson Share Repurchase Program - Weekly Report

Rhea-AI Summary

Ferguson plc (NYSE: FERG, LSE: FERG) has completed the repurchase of 82,121 ordinary shares from June 24 to June 28, 2024, as part of its $4.0 billion share buyback program. The shares were bought at varying daily weighted average prices, with the highest purchase price being $196.3300 and the lowest being $190.2200. The company intends to hold these shares in treasury, raising the total to 30,569,109 treasury shares. After these transactions, Ferguson’s remaining ordinary shares count is 201,602,073. This figure is essential for shareholders and others in determining notification obligations under the Disclosure Guidance and Transparency Rules.

Positive

• Repurchase of 82,121 shares, contributing to the $4.0 billion share buyback program.
• Shares purchased at varying daily weighted average prices, highest being $196.3300.
• Company now holds 30,569,109 shares in treasury.
• Remaining ordinary shares reduced to 201,602,073.

Negative

• None.

WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 82,121 of its ordinary shares in the period from June 24, 2024, up to and including June 28, 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 24, 2024	8,727	196.0204	XDOT
June 24, 2024	2,871	196.0963	INET
June 24, 2024	1,300	196.1631	ARCA
June 24, 2024	1,427	196.0078	BATS
June 24, 2024	1,017	196.0096	EDGX
June 24, 2024	100	196.3300	XPER
June 24, 2024	504	196.0640	MEMX
June 24, 2024	99	196.2200	CHX
June 25, 2024	3,620	191.1303	INET
June 25, 2024	6,254	191.1196	XDOT
June 25, 2024	2,400	191.4142	EDGX
June 25, 2024	800	191.6525	MEMX
June 25, 2024	1,006	191.2777	ARCA
June 25, 2024	419	190.9369	EPRL
June 25, 2024	1,144	191.1142	BATS
June 25, 2024	100	190.3300	NQPX
June 25, 2024	280	191.3745	CHX
June 25, 2024	143	191.5600	IEX
June 26, 2024	8,962	190.7147	XDOT
June 26, 2024	3,599	190.6804	INET
June 26, 2024	1,606	190.6345	ARCA
June 26, 2024	1,300	190.6454	BATS
June 26, 2024	975	190.6346	MEMX
June 26, 2024	100	190.2200	EPRL
June 26, 2024	500	190.7420	EDGX
June 26, 2024	200	190.6650	XPER
June 26, 2024	2	190.2500	NQPX
June 27, 2024	8,094	192.1706	XDOT
June 27, 2024	4,025	192.1475	INET
June 27, 2024	905	191.8182	BATS
June 27, 2024	100	190.5000	XPER
June 27, 2024	1,895	192.5212	ARCA
June 27, 2024	500	192.2580	EDGX
June 27, 2024	422	192.3273	MEMX
June 27, 2024	107	192.2128	CHX
June 27, 2024	100	193.4100	NQPX
June 28, 2024	1,015	193.2145	EDGX
June 28, 2024	2,587	193.1162	INET
June 28, 2024	539	193.3820	MEMX
June 28, 2024	8,403	193.0873	XDOT
June 28, 2024	272	193.3885	EPRL
June 28, 2024	885	193.3137	BATS
June 28, 2024	2,039	193.3807	ARCA
June 28, 2024	100	194.1500	XPER
June 28, 2024	375	193.4081	CHX
June 28, 2024	300	193.8133	NQPX
June 28, 2024	3	193.0500	IEX

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 30,569,109.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 201,602,073. The figure of 201,602,073 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/20240703441020/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 Ferguson shares were repurchased between June 24 and June 28, 2024?

Ferguson repurchased a total of 82,121 shares between June 24 and June 28, 2024.

What was the highest price paid by Ferguson during the repurchase period?

The highest price paid for shares during the period was $196.3300.

How many shares does Ferguson hold in treasury after the repurchase?

After the repurchase, Ferguson holds 30,569,109 shares in treasury.

How many Ferguson ordinary shares remain in issue after the repurchase?

Following the repurchase, 201,602,073 ordinary shares remain in issue.

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

The share repurchase program aims to reduce the number of outstanding shares, potentially increasing the value of remaining shares.

How does the share repurchase affect Ferguson shareholders?

The share repurchase could increase the value of remaining shares and reduce the total number of shares, impacting shareholders positively.

Where can detailed information about Ferguson's share buyback be found?

Detailed information about the share buyback can be found on Ferguson's investor relations page.