Ferguson Enterprises Inc. - FERG STOCK NEWS

Ferguson plc reported strong first-quarter results for the period ending October 31, 2021, with net sales reaching $6,803 million, up 26.6% from the previous year. Adjusted operating profit increased by 64.2% to $767 million, driven by robust market demand and effective cost management.

Significantly, earnings per share rose 71.4% to $2.40, despite challenges from price inflation, which averaged in the low teens. The company also completed four acquisitions, contributing an annualized $125 million in revenue. The outlook remains positive, with revenue growth expected to continue.

Ferguson plc announces a share repurchase transaction on December 3, 2021. The Company repurchased 40,000 ordinary shares at a price of £116.15 each under its $1 billion share repurchase program initiated on September 28, 2021. Following this transaction, Ferguson holds a total of 11,295,299 shares in Treasury, while the total number of ordinary shares in circulation will be 220,875,883. This information is relevant for shareholders for calculating interests and obligations under the Disclosure and Transparency Rules.

Ferguson plc has announced the repurchase of 34,981 ordinary shares at £116.42 each on December 2, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021. The company intends to hold these shares in Treasury, bringing the total shares held in Treasury to 11,255,299. Following this transaction, the remaining ordinary shares in issue will total 220,915,883. This figure serves as a reference for shareholders to determine if they need to notify their interest in the company as per the Disclosure and Transparency Rules.

Ferguson plc held its Annual General Meeting on December 2, 2021, where shareholders approved all resolutions with required majorities. Key resolutions included the approval of the Directors' Remuneration Report and a final dividend declaration, receiving 94.04% and 99.64% votes respectively. Notably, Kelly Baker and Brian May were elected with over 99% approval. The company also received authorization to purchase its own shares and to disapply pre-emption rights. The meeting witnessed a total of 169,885,670 shares voted, representing 76.89% of issued share capital.

Ferguson plc has repurchased 1,995 ordinary shares at £116.905014 each as part of its $1 billion share repurchase program initiated on September 28, 2021. The transaction occurred on December 1, 2021, through Barclays Capital Securities Limited. Following this buyback, Ferguson holds a total of 11,220,318 shares in Treasury, with 220,950,864 ordinary shares remaining in circulation. This repurchase is aimed at enhancing shareholder value and may affect the calculations for shareholder interests under the Disclosure and Transparency Rules.

Ferguson plc announced the repurchase of 38,267 ordinary shares at a price of £114.65 each on November 30, 2021. This transaction is part of its ongoing $1,000 million share repurchase program initiated on September 28, 2021. Following this buyback, Ferguson holds a total of 11,218,323 shares in Treasury, leaving 220,952,859 ordinary shares outstanding. The share repurchase program aims to enhance shareholder value.

Ferguson PLC has reported its total voting rights and capital as of November 30, 2021. The company issued 232,171,182 ordinary shares of 10 pence each, with 11,218,323 shares held in treasury. Consequently, the total voting rights are 220,952,859, which shareholders can utilize to determine their interest notifications under the FCA's rules. This announcement complies with DTR 5.6.1 regulations.

Ferguson plc announced the purchase of 72,994 of its ordinary shares for treasury on November 29, 2021, as part of its $1 billion share repurchase program initiated on September 28, 2021. The shares were bought at a price of £115.43 each through Barclays Capital Securities Limited. After this transaction, Ferguson holds a total of 11,180,056 shares in treasury, with 220,991,126 shares remaining in issue. This repurchase aligns with the company's strategy to enhance shareholder value.

Ferguson plc announced the repurchase of 80,000 ordinary shares at a price of £114.85 each on November 26, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021. Following this transaction, the total shares held in treasury increased to 11,107,062, representing 5.02% of total voting rights. The remaining number of ordinary shares in issue is now 221,064,120. Shareholders can use this figure to determine notification obligations under the Disclosure and Transparency Rules.