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 announced the repurchase of 120,000 ordinary shares at a price of £101.80 each on April 1, 2022. This buyback is part of a broader $2 billion share repurchase program. Following this transaction, Ferguson will hold 14,810,299 shares in treasury, with a remaining count of 217,360,883 ordinary shares in issue. This figure is important for shareholders as it will be the denominator for determining notification obligations under the Disclosure and Transparency Rules.
Ferguson PLC announced its current issued share capital as of March 31, 2022, which comprises 232,171,182 ordinary shares of 10 pence each. Of these, 14,690,299 shares are held in treasury, resulting in a total of 217,480,883 voting rights available to shareholders. This number is crucial for determining notification requirements under the FCA's Disclosure Guidance and Transparency Rules. Shareholders are advised to use this figure for any necessary calculations regarding their interests in the company.
Ferguson plc has announced the repurchase of 80,000 ordinary shares as part of its $2 billion share repurchase program, executed on March 31, 2022, at a price of £103.80 per share. Following this transaction, Ferguson holds a total of 14,690,299 shares in treasury, leaving 217,480,883 ordinary shares in circulation. This share buyback is aimed at enhancing shareholder value. The report is compliant with the Market Abuse Regulation, ensuring transparency in shareholding notifications.
Ferguson plc announced the purchase of 80,000 ordinary shares at £103.639745 each as part of its $2 billion share repurchase program on March 30, 2022. Following this transaction, the company now holds a total of 14,610,299 shares in treasury. The total number of ordinary shares in issue after the repurchase is 217,560,883. This figure will assist shareholders in compliance with notification obligations under the Disclosure and Transparency Rules.
Ferguson plc has announced a correction to its March 29, 2022 announcement regarding a transaction in its own shares. On March 28, 2022, the company repurchased 80,000 ordinary shares at a price of £103.846891 each as part of its $2 billion share repurchase program. The total number of shares held in Treasury following the purchase is 14,450,299, with 217,720,883 ordinary shares remaining in issue. This amended announcement clarifies the incorrect link in the original release.
Ferguson plc has announced a repurchase of 80,000 ordinary shares at a price of £103.50 each as part of its $2 billion share repurchase program. The transaction occurred on March 29, 2022, through Barclays Capital Securities Limited. Following this purchase, Ferguson holds a total of 14,530,299 shares in Treasury. The total number of ordinary shares in issue post-transaction is 217,640,883, which is important for shareholders regarding their notification obligations under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 80,000 ordinary shares at £103.846891 each as part of its $2 billion share repurchase program on March 28, 2022. Following this transaction, the Company holds 14,450,299 shares in Treasury, with a total of 217,720,883 shares remaining in circulation. This figure will assist shareholders in determining their notification obligations under the Disclosure and Transparency Rules. Detailed information regarding the individual purchases is included in the announcement.
Ferguson plc has launched a new share repurchase program, continuing its previous $1 billion initiative, now totaling $2 billion. Starting March 28, 2022, the Company will buy back up to £90 million of its shares, facilitated by Barclays Capital Securities Limited. This repurchase aims to reduce capital and potentially satisfy employee share awards. Shareholders approved the purchase of a maximum of 22,186,462 shares at the December 2, 2021 Annual General Meeting, with further authorizations expected in late 2022.
Ferguson plc has announced the repurchase of 57,176 ordinary shares of 10 pence each as part of its $1 billion share repurchase program initiated on September 28, 2021. The shares were bought on March 24, 2022, at a price of £108.60 per share, through J.P. Morgan Securities plc. Post-transaction, the company holds a total of 14,370,299 shares in treasury, with 217,800,883 ordinary shares remaining in circulation. This repurchase aligns with Ferguson's strategy to enhance shareholder value.
Ferguson plc announced the repurchase of 17,959 ordinary shares at a price of £109.556940 each on March 18, 2022, as part of its $1,000 million share buyback program initiated on September 28, 2021. The shares acquired will be held in Treasury, increasing the total in Treasury to 14,313,123 shares. Post-repurchase, the total ordinary shares in issue will amount to 217,858,059, which shareholders can use to determine reporting obligations under the Disclosure and Transparency Rules.
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