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 disclosed the latest details regarding its share capital as of June 30, 2021. The company has a total of 232,171,182 ordinary shares of 10 pence each, with 9,430,472 shares held in treasury. This results in a total voting rights count of 222,740,710 shares. Shareholders should use this figure as the basis for any necessary notifications regarding their share interests in accordance with the FCA's Disclosure Guidance and Transparency Rules.
Ferguson plc (LSE:FERG)(NYSE:FERG) announced a share repurchase of 22,273 ordinary shares at £101.337025 each on June 29, 2021, as part of its $400 million buyback program initiated on March 16, 2021. The total shares held in Treasury now amount to 9,375,602, with 222,795,580 ordinary shares remaining in circulation. This transaction aligns with Ferguson's commitment to return capital to shareholders, and those interested in changes to their shareholding must refer to the updated share count for compliance with disclosure rules.
Ferguson plc will transition to US GAAP reporting from IFRS effective August 1, 2021, to improve comparability with US peers. A presentation led by CFO Bill Brundage is scheduled for July 13, 2021, at 4 PM BST/11 AM ET, providing updates on this transition. Investors can join the call or access the webcast, with slides available beforehand. Ferguson, a leading distributor of plumbing and heating products in North America, reported $19.9 billion in revenue and $1.6 billion in trading profit for the year ending July 31, 2020.
Ferguson plc announced the repurchase of 10,659 ordinary shares at £99.70 each on June 28, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. With this transaction, the company now holds a total of 9,353,329 shares in Treasury, while 222,817,853 ordinary shares remain in issue. The repurchase is intended to enhance shareholder value and will be used to meet obligations under its employee share schemes. Detailed information on purchases will be available in compliance with market regulations.
Ferguson plc announced the repurchase of 23,888 ordinary shares on June 25, 2021, under its $400 million share repurchase program initiated on March 16, 2021. The shares were purchased at a price of £99.969900 each. Following this transaction, Ferguson will have 9,342,670 shares in Treasury, with 222,828,512 shares remaining in circulation. This information is significant for shareholders as it alters the denominator for calculating share interests under the Disclosure and Transparency Rules.
Ferguson plc announced its share repurchase activity on June 23, 2021, purchasing 49,445 ordinary shares for £98.40 each as part of its $400 million share repurchase program initiated on March 16, 2021. This transaction increases the total shares held in Treasury to 9,321,121, leaving 222,850,061 shares in circulation. Shareholders should utilize the latter figure for interest notifications per the Disclosure and Transparency Rules. This program may enhance shareholder value by reducing the number of shares outstanding.
Ferguson plc announced on June 22, 2021, the repurchase of 26,099 ordinary shares at a price of £98.795050 each as part of its $400 million share repurchase program initiated on March 16, 2021. The company plans to hold these shares in Treasury, increasing its total Treasury shares to 9,271,676. Post-transaction, the total shares in issue will be 222,899,506, serving as a benchmark for shareholder notifications under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 33,356 ordinary shares at a price of £97.65 each on June 21, 2021, as part of its ongoing $400 million share repurchase program initiated on March 16, 2021. With this transaction, the company now holds a total of 9,245,577 shares in treasury, reducing the total number of ordinary shares in issue to 222,925,605. This information is crucial for shareholders, as it affects the calculations for interest notifications under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 52,879 ordinary shares at a price of £96.78 each on June 18, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. The company now holds 9,212,221 shares in treasury, with 222,958,961 ordinary shares remaining in circulation. This share buyback program aims to enhance shareholder value and will aid in calculating notification obligations under the Disclosure and Transparency Rules.
Ferguson plc has announced the repurchase of 51,980 ordinary shares at a price of £98.136889 each on June 17, 2021, as part of its $400 million share buyback program initiated on March 16, 2021. The company now holds 9,159,342 shares in treasury, with a total of 223,011,840 ordinary shares remaining in issue. This repurchase aims to enhance shareholder value and align with Ferguson's financial strategy.