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) announced the repurchase of 21,605 ordinary shares at £117.888219 each on November 15, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021. The company now holds a total of 10,787,778 shares in Treasury, with 221,383,404 ordinary shares remaining in circulation. This transaction is significant for shareholders in calculating their interests under the Disclosure and Transparency Rules. Further details can be explored through the company's announcement linked in the release.
Ferguson plc announced the repurchase of 10,723 ordinary shares at a price of £117.36 each on November 12, 2021. This action is part of its $1,000 million share repurchase program initiated on September 28, 2021. Post-purchase, the company holds 10,766,173 shares in treasury, with a total remaining of 221,405,009 ordinary shares in issue. This repurchase is expected to affect the calculations for shareholders’ interest notifications under the Disclosure and Transparency Rules.
Ferguson plc has announced the repurchase of 17,396 ordinary shares at a price of £116.287100 each as part of its $1,000 million share repurchase program initiated on September 28, 2021. The transaction took place on November 11, 2021, with Barclays Capital Securities Limited acting as the broker. Following this purchase, Ferguson holds a total of 10,755,450 shares in treasury. The total number of ordinary shares in issue will now be 221,415,732, which shareholders can use for interest notification calculations under the Disclosure and Transparency Rules.
Ferguson plc has announced the repurchase of 23,933 ordinary shares at a price of £114.57 each as part of its $1,000 million share repurchase program, initiated on September 28, 2021. The transaction took place on November 10, 2021, with shares being held in treasury. Following this purchase, a total of 10,738,054 shares will be held, leaving 221,433,128 ordinary shares outstanding. The information is relevant for shareholders under the Disclosure and Transparency Rules.
Ferguson plc (NYSE:FERG) has announced a change in its Virtual Investor Day, now scheduled for January 13, 2022, replacing the previously set date of December 9, 2021. The webcast will begin at 0900hrs ET (1400hrs GMT). Interested parties can register at fergusoninvestorday.com. For the year ending July 31, 2021, Ferguson reported a revenue of $22.8 billion. The company is a leading distributor in North America, specializing in various sectors including plumbing, HVAC, and appliances.
Ferguson plc announced the repurchase of 28,987 ordinary shares at a price of £114.30 each on November 9, 2021. This transaction is part of a $1,000 million share repurchase program initiated earlier on September 28, 2021. Following this purchase, the total number of shares held in treasury by Ferguson will amount to 10,714,121. The remaining shares in issue will be 221,457,061, which shareholders can use for interest notification calculations.
Ferguson plc announced the repurchase of 40,000 ordinary shares at £113.15 each on November 5, 2021, under its $1 billion share repurchase program initiated on September 28, 2021. Following this transaction, Ferguson holds 10,671,301 shares in Treasury, with a total of 221,499,881 ordinary shares remaining in issue. This number will serve as the denominator for shareholders applying the Disclosure and Transparency Rules. The company intends to hold the repurchased shares in Treasury.
Ferguson plc (LSE:FERG)(NYSE:FERG) announced the repurchase of 17,238 ordinary shares at a price of £113.15 per share on November 4, 2021, part of its $1,000 million share repurchase program initiated on September 28, 2021. The company plans to hold these shares in treasury, now totaling 10,631,301 shares. Following this transaction, the total number of ordinary shares in issue is 221,539,881, which shareholders can use as a denominator for interest notifications under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 40,000 ordinary shares at a price of £111.80 each on November 3, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021.
With this purchase, Ferguson now holds 10,614,063 shares in Treasury, while the total number of ordinary shares in circulation is 221,557,119. This transaction is in alignment with the company’s capital management strategy and provides shareholders with a reliable denominator for interest notifications under the Disclosure and Transparency Rules.
On November 2, 2021, Ferguson plc (LSE:FERG, NYSE:FERG) repurchased 15,800 ordinary shares at £112.37 each as part of its $1 billion share repurchase program initiated on September 28, 2021. The company now holds 10,574,063 shares in Treasury, with 221,597,119 ordinary shares remaining in circulation. This repurchase is intended to support shareholder value. Details regarding individual purchases are available in the release. The announcement complies with the EU Market Abuse Regulation under UK law.
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