Ferguson Enterprises Inc. - FERG STOCK NEWS

Ferguson plc (NYSE:FERG) reported the purchase of 140,323 ordinary shares from February 6 to February 10, 2023, as part of its $2.5 billion share repurchase program. Notably, this purchase activity included a daily average of roughly 28,064 shares, with prices ranging from $11,833.40 to $11,995.00 per share. After these transactions, Ferguson holds 25,786,713 shares in treasury, with 206,384,469 shares remaining in circulation. Shareholders can use this figure to assess any changes in their interests per Disclosure Guidance. Detailed purchase information is available according to Market Abuse Regulation standards.

Ferguson plc reported transactions by its executive leadership involving the purchase of ordinary shares as part of a dividend reinvestment plan for the first quarter of the fiscal year ending July 31, 2023. On February 6, 2023, several key executives, including CEO Kevin Murphy and CFO William Brundage, acquired shares priced at $144.1928 each on the New York Stock Exchange. The total shares purchased by executives amounted to approximately $1,718.63. This activity reflects confidence from company leadership in Ferguson's prospects and the ongoing dividend strategy.

Ferguson plc (NYSE:FERG) reported the purchase of 73,540 ordinary shares from January 30 to February 3, 2023, as part of its $2.5 billion share repurchase program. The purchases included 17,542 shares on January 30 at an average price of $11,318.80, escalating to 7,769 shares on February 3 at an average price of $12,062.48. The company now holds 25,646,390 shares in treasury, leaving 206,524,792 ordinary shares outstanding. Investors can use this figure to ascertain reporting obligations under the Disclosure Guidance and Transparency Rules.

Ferguson PLC has announced its total voting rights and capital as of January 31, 2023. The company holds 232,171,182 ordinary shares of 10 pence each, with 25,619,935 shares kept in treasury. Consequently, the total voting rights available to shareholders are 206,551,247. This figure is essential for shareholders to determine whether they need to disclose any changes to their interests in the company.

Ferguson plc filed a Form 8-K with the U.S. SEC on January 31, 2023. This filing is accessible on the SEC's website and through Ferguson's SEC Filings page. Ferguson serves as a prominent value-added distributor in North America, specializing in infrastructure, plumbing, appliances, HVAC, and fire solutions. The company aims to simplify and enhance its customers' complex projects. Headquartered in the U.K., all operations are concentrated in North America, managed from Virginia. For more details, stakeholders can visit Ferguson's corporate website or its LinkedIn page.

Ferguson plc has appointed James S. Metcalf as a non-executive director, effective February 1, 2023. Metcalf brings extensive experience, having served as CEO and Chairman of Cornerstone Building Brands, and held multiple roles at USG Corporation. His background includes expertise in balance sheet management, strategic planning, and operational excellence. Ferguson's chairman, Geoff Drabble, expressed confidence that Metcalf's leadership will aid in Ferguson's goal to enhance project success. Ferguson is a leading distributor in North America, focusing on simplifying complex projects through a range of services.

Ferguson plc announced on January 31, 2023, its purchase of 125,964 ordinary shares from January 23 to January 27, 2023, as part of its $2.5 billion share repurchase program. The purchases took place on the XLON trading venue with varying weighted average prices, recorded as follows:

• January 23: 21,303 shares at 11,127.66
• January 24: 25,609 shares at 11,210.41
• January 25: 38,229 shares at 11,095.98
• January 26: 16,088 shares at 11,200.00
• January 27: 24,735 shares at 11,217.25

After these transactions, the total shares held in treasury will amount to 25,572,850, with 206,598,332 ordinary shares remaining in circulation.

Greyter Water Systems Inc has completed a $10 million Series B funding round, led by Ferguson Ventures and LENX, aimed at scaling its innovative greywater reuse system, The Greyter HOME. This appliance can reduce indoor water consumption by up to 25%, capturing water from showers and baths for toilet flushing. The investment reflects growing demand for sustainable water solutions amid rising freshwater resource pressures. Greyter has seen momentum since its Series A in early 2020, integrating its system into residential homes. Collaborations with Ferguson and Lennar continue to advance eco-friendly homebuilding practices.

Ferguson plc (NYSE:FERG) has announced the purchase of 164,736 ordinary shares from January 16 to January 20, 2023, as part of its $2.5 billion share repurchase program. The average purchase prices were approximately 11,345.00 on January 16 and 10,929.05 on January 20. The total shares held in treasury post-purchase will amount to 25,446,886, with 206,724,296 ordinary shares remaining in circulation. This information is significant for shareholders as it may impact their interest calculations.