Welcome to our dedicated page for Ferguson Enterprises news (Ticker: FERG), a resource for investors and traders seeking the latest updates and insights on Ferguson Enterprises stock.
Ferguson plc (formerly Wolseley plc) is a leading multinational distributor of plumbing and heating products, headquartered in Wokingham, England. With a strong presence in the United States, the company operates under the brand name Ferguson Enterprises in North America.
Ferguson primarily supplies products for plumbing, HVAC, and other building services, catering to markets like repair, maintenance, improvement, new construction, and civil infrastructure. It serves over 1 million customers and sources its extensive range of products from 37,000 suppliers.
The company engages its clientele through approximately 1,700 North American branches, telephone services, online platforms, and residential showrooms. In fiscal 2023, Ferguson reported nearly $30 billion in sales, with 95% of its revenue generated in the United States.
Recognized by Modern Distribution Management as North America's largest industrial and construction distributor, Ferguson has sold its UK business in 2021 to focus solely on the North American market.
Ferguson continues to achieve significant milestones and forge strategic partnerships, continuously enhancing its product offerings and market reach. The company's focus on customer-centric services and innovative solutions positions it as a key player in the industry.
Ferguson plc (NYSE:FERG) will release its third quarter results on June 14, 2022, at 6:50 a.m. ET/11:50 a.m. BST. The results will be accessible on their website. An investor presentation webcast will follow at 7:30 a.m. ET/12:30 p.m. BST. A slide presentation will be available 15 minutes prior, with an archived version accessible for 12 months post-event. Ferguson is a leading $23B distributor in North America, offering a range of products and solutions across various sectors.
Ferguson plc announced a share repurchase on May 27, 2022, as part of its $2 billion buyback program. The company repurchased 58,581 ordinary shares at a price of £95.102072 per share, managed by Barclays Capital Securities Limited. Post-transaction, Ferguson holds 17,709,862 shares in Treasury, with 214,461,320 shares remaining in circulation. This repurchase allows shareholders to update their interests under the Disclosure and Transparency Rules.
Ferguson PLC announced on May 26, 2022, the repurchase of 75,077 ordinary shares as part of its $2 billion share buyback program. The shares were purchased at a price of £94.170182 each through Barclays Capital Securities Limited. After this transaction, Ferguson now holds a total of 17,773,499 shares in treasury, with 214,397,683 ordinary shares remaining in circulation. This buyback initiative aims to enhance shareholder value and adjust the company's capital structure.
Ferguson plc announced the repurchase of 89,943 shares from the market on May 25, 2022, as part of its ongoing $2 billion share repurchase program.
These shares were bought at a price of £93.313730 each, with the broker being Barclays Capital Securities Limited.
Following this transaction, the total number of shares held in Treasury is now 17,698,422, while the total number of ordinary shares in issue stands at 214,472,760.
Ferguson plc has announced the repurchase of 120,000 ordinary shares at £92.60 each on May 24, 2022, under its $2 billion share repurchase program. Following this transaction, Ferguson holds 17,608,479 shares in Treasury, leaving 214,562,703 ordinary shares in circulation. This repurchase is part of the company’s strategy to enhance shareholder value and consolidate its market position. The announcement includes compliance with the Market Abuse Regulation, providing transparency into the transaction.
Ferguson plc has announced the repurchase of 46,522 of its ordinary shares for treasury as part of its $2 billion share repurchase program on May 23, 2022. The shares were purchased at £94.501557 each, with Barclays Capital Securities Limited acting as the broker. Following this transaction, Ferguson holds a total of 17,488,479 shares in treasury, leaving 214,682,703 ordinary shares in issue. This announcement is in accordance with the Market Abuse Regulation and allows shareholders to calculate their interests under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 100,000 ordinary shares for treasury as part of its $2 billion share repurchase program, dated May 20, 2022. The shares were purchased at a price of £93.32 each through Barclays Capital Securities Limited. Following this transaction, Ferguson holds a total of 17,441,957 shares in treasury, while the total number of ordinary shares in circulation is now 214,729,225. Shareholders can use this figure to assess their interest notifications under the Disclosure and Transparency Rules.
Ferguson plc announced the purchase of 245,466 ordinary shares on May 19, 2022, as part of its $2 billion share repurchase program. The shares were acquired at a price of £93.471496 each through Barclays Capital Securities Limited. This acquisition increases the total number of shares held in treasury to 17,341,957, with the remaining ordinary shares in issue totaling 214,829,225. Shareholders can use this figure to assess their obligations under the Disclosure and Transparency Rules.
Ferguson plc (NYSE:FERG) announced the repurchase of 120,000 ordinary shares at a price of £96.04 each on May 18, 2022, part of its $2 billion share repurchase program. After this purchase, Ferguson holds 17,096,491 shares in treasury, with the total number of ordinary shares in issue now at 215,074,691. This total serves as a denominator for shareholders to assess their interests under the Disclosure and Transparency Rules. The shares will be held in treasury, impacting overall share supply and market perception.
Ferguson plc completed a share repurchase on May 17, 2022, acquiring 22,853 ordinary shares at a price of £98.765860 each, as part of its $2 billion share repurchase program. The total number of shares held in treasury now amounts to 16,976,491, while 215,194,691 ordinary shares are still in circulation. This transaction allows shareholders to calculate their interests under the Disclosure and Transparency Rules. The share buyback is a strategic move aimed at enhancing shareholder value.
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