Ferguson Share Repurchase Program - Weekly Report

Rhea-AI Summary

Ferguson plc (NYSE: FERG, LSE: FERG) Announces Purchase of 46,776 Ordinary Shares for $3.0 Billion Share Repurchase Program

Positive

• Ferguson plc is actively implementing its $3.0 billion share repurchase program, demonstrating confidence in the company's financial position and future prospects.

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• None.

WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 46,776 of its ordinary shares in the period from August 7, 2023, up to and including August 11, 2023, 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	Trading venue
August 7, 2023	5,594	125.950704	XLON
August 8, 2023	12,303	125.350000	XLON
August 9, 2023	6,259	125.700000	XLON
August 10, 2023	10,421	125.797284	XLON
August 11, 2023	12,199	125.250000	XLON

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 27,977,816.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 204,193,366. The figure of 204,193,366 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 - 2023 Share Buy-Back.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230815468598/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 ticker symbol for Ferguson plc?

The ticker symbols for Ferguson plc are NYSE: FERG and LSE: FERG.

How many ordinary shares did Ferguson plc purchase recently?

Ferguson plc purchased a total of 46,776 of its ordinary shares in the period from August 7, 2023, up to and including August 11, 2023.

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

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