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 Enterprises Inc. (NYSE: FERG; LSE: FERG) generates a steady stream of news tied to its role as the largest value-added distributor serving the water and air specialized professional in the North American residential and non-residential construction market. News coverage for FERG frequently centers on its financial performance, capital allocation decisions and activities that support its specialized professional customer base.
Investors and market watchers can expect regular earnings and results announcements, including quarterly updates and transition-period reporting as the company moves its fiscal year end to December 31. These releases typically discuss net sales, margins, segment performance in the United States and Canada, and commentary on residential versus non-residential end markets.
Ferguson’s news flow also includes SEC filing notices, such as Form 10-Q and Form 8-K filings, which are highlighted in press releases that direct readers to full documents on the SEC’s website and the company’s own filings page. In addition, the company issues announcements regarding dividends, share repurchases and debt offerings, including public offerings of senior notes and related underwriting agreements.
Another important category of FERG news involves director and executive share transactions and equity awards under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. These updates, often labeled as Director/PDMR Shareholding notices, provide detail on restricted stock unit grants, vesting events and dividend reinvestment purchases.
Ferguson also publishes news about strategic initiatives and partnerships, such as investments made through Ferguson Ventures, its corporate venture capital arm. For example, a recent release describes a strategic funding round in Ply, an inventory and purchasing platform built for the trades, aimed at advancing automated inventory replenishment and real-time visibility for contractors and suppliers.
By following the FERG news page, readers can track how Ferguson communicates its financial results, governance developments, capital structure changes and collaborations that support the water and air specialized professional in North American construction.
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.
Ferguson plc announced a share repurchase transaction on May 16, 2022, as part of its $2 billion program. The company repurchased 40,516 ordinary shares at a price of £96.96 per share through Barclays Capital Securities Limited. Following this transaction, Ferguson holds a total of 16,953,638 shares in treasury, leaving 215,217,544 shares outstanding. This repurchase aims to optimize shareholder value and may impact the share price positively.
Ferguson plc (LSE: FERG, NYSE: FERG) reported a notification of major holdings from BlackRock, Inc. on May 12, 2022, indicating an increase in voting rights following the threshold crossing on May 11, 2022. BlackRock now holds 7.58% of Ferguson's voting rights, comprising 7.38% through direct shares and 0.20% via financial instruments. The previous position was reported at 10.02%. This shift reflects BlackRock's ongoing investment strategy and market positions in Ferguson.
Ferguson plc announced the repurchase of 59,893 ordinary shares at a price of £95.162764 per share on May 12, 2022, as part of its $2 billion share repurchase program. Following this transaction, the total number of shares held in Treasury amounts to 16,913,122. The total shares outstanding after this repurchase will be 215,258,060. This announcement is in compliance with the Market Abuse Regulation, and further details can be accessed through the link provided.
Ferguson plc announced that on May 11, 2022, it repurchased 33,401 ordinary shares at a price of £93.34 per share as part of its $2 billion share repurchase program. Following this transaction, the total number of shares in Treasury is 16,853,229, while the remaining shares outstanding will be 215,317,953. This buyback aligns with the company's strategy to enhance shareholder value. Further details can be found in the attached announcement and the company plans to retain these shares in Treasury.
The press release highlights transactions by Ferguson's managerial personnel involving ordinary shares under dividend reinvestment plans. Key points include:
- William Brundage, Group CFO, purchased shares at $114.27 for a total of $773.26.
- Jake Schlicher, Senior VP, purchased shares at £90.99 for a total of £3,002.93.
- William Thees, Senior VP, made two purchases: one at £90.99 for £8,098.82 and another at $114.27 for $962.68.
This information complies with EU Market Abuse Regulation requirements.