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 52,052 ordinary shares at a price of £111.90 each on February 7, 2022, as part of its $1,000 million share repurchase program initiated on September 28, 2021. Following this transaction, the total shares held in treasury will amount to 12,795,548, while the remaining ordinary shares in issue will be 219,375,634. These repurchased shares will be held in Treasury, and shareholders may use the updated share count for regulatory notifications under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 85,680 ordinary shares at £112.60 each on February 4, 2022, as part of its $1,000 million share repurchase program initiated on September 28, 2021. Following this transaction, the total number of shares held in Treasury amounts to 12,743,496, while the remaining ordinary shares in circulation will total 219,427,686. This repurchase aligns with the company's strategy to manage its capital structure effectively, benefiting its shareholders.
Ferguson plc has announced a share repurchase of 71,488 ordinary shares at a price of £114.45 each on February 3, 2022, as part of its $1 billion buyback program initiated on September 28, 2021. This brings the total number of shares held in treasury to 12,657,816, with 219,513,366 shares remaining in issue. Shareholders can utilize this figure for their interest calculations. The buyback aims to enhance shareholder value and reflects the company's financial strategy.
Ferguson PLC announced a share repurchase on February 2, 2022, buying back 26,028 ordinary shares at a price of £117.60 per share, part of its $1 billion share repurchase program initiated on September 28, 2021. With this purchase, the total shares held in treasury increases to 12,586,328, while 219,584,854 ordinary shares remain in circulation. The repurchased shares will be held in treasury, impacting the share count used for regulatory notifications under the Disclosure and Transparency Rules.
Ferguson plc has announced a share repurchase transaction where it bought back 42,485 ordinary shares at a price of £116.20 each on February 1, 2022. This transaction is part of a larger $1 billion share buyback program initiated on September 28, 2021. Following this purchase, Ferguson holds 12,560,300 shares in Treasury, and the total number of ordinary shares in issue is now 219,610,882. Shareholders can use this figure for their interest notifications under the Disclosure and Transparency Rules.
Ferguson plc announced the purchase of 27,083 of its ordinary shares for treasury on January 31, 2022, as part of its $1,000 million share repurchase program initiated on September 28, 2021. The shares were acquired at a price of £116.00 each through broker J.P. Morgan Securities plc. Following this transaction, Ferguson retains a total of 12,517,815 shares in treasury, leaving 219,653,367 shares outstanding. This number will assist shareholders in determining notification obligations under the Disclosure and Transparency Rules.
Ferguson PLC announced its total voting rights as of January 31, 2022. The company has 232,171,182 ordinary shares of 10 pence each, with 12,517,815 shares held in treasury. Consequently, the total voting rights available to shareholders stand at 219,653,367. This information is crucial for shareholders to assess their reporting obligations under the FCA's Disclosure Guidance and Transparency Rules.
Ferguson plc has announced a share repurchase of 52,573 ordinary shares at a price of £114.90 each on January 28, 2022, as part of its $1,000 million share repurchase program initiated on September 28, 2021. This purchase brings the total shares held in Treasury to 12,490,732, with the remaining shares in circulation totaling 219,680,450. The company intends to keep these shares in Treasury, impacting shareholder calculations for interest notifications.
Ferguson plc announced the repurchase of 48,298 ordinary shares at a price of £114.428204 each on January 27, 2022, in line with its $1,000 million share repurchase program initiated on September 28, 2021. The company now holds 12,438,159 shares in treasury, with a remaining 219,733,023 ordinary shares in circulation. This repurchase impacts the calculations for shareholder notification requirements under the Disclosure and Transparency Rules.
Ferguson plc has announced the repurchase of 30,986 ordinary shares at a price of £115.40 each on January 26, 2022, as part of its $1 billion share repurchase program initiated on September 28, 2021. The company now holds a total of 12,389,861 shares in treasury, with the remaining number of ordinary shares in circulation at 219,781,321. This transaction is reported under the Market Abuse Regulation, and details have been provided for shareholder notification purposes.
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