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, LSE: FERG) announced the purchase of 50,193 of its ordinary shares from May 6 to May 10, 2024, as part of its $3.0 billion share repurchase program.
The company disclosed detailed aggregated information on the daily volumes and weighted average purchase prices across various trading venues, ranging from $218.1400 to $221.4900 per share.
Following this purchase, Ferguson now holds 30,069,400 shares in treasury, with 202,101,782 ordinary shares in issue.
This information is provided under the EU Market Abuse Regulation and is essential for shareholders to assess their notification obligations under the Disclosure Guidance and Transparency Rules.
Ferguson plc (FERG) announces the purchase of 64,735 of its ordinary shares as part of its $3.0 billion share repurchase program. The Company bought shares between April 29, 2024, and May 3, 2024, with detailed purchase information provided. The Company intends to hold these shares in treasury, affecting the total number of shares held and in circulation.
Ferguson plc announced the total voting rights and capital information, stating that the total voting rights in the company are 202,177,408. This figure can be used by shareholders to determine if they need to notify any changes in their interest in the company.
Ferguson plc has issued a block listing six-monthly return for the Ferguson Group International Sharesave Plan 2011. The period of return is from November 1, 2023, to April 30, 2024. The balance of unallotted securities under the scheme from the previous return is 181,430 ordinary 10p shares. There has been no increase in the block scheme since the last return, and no securities were issued or allotted during the period, leaving the balance at 181,430 ordinary 10p shares at the end of the period.
Ferguson plc announced the purchase of 59,475 ordinary shares as part of its $3.0 billion share repurchase program from April 22 to April 26, 2024. The company will hold these shares in treasury, resulting in 29,954,725 shares held. The remaining ordinary shares in issue will be 202,216,457. Shareholders can use this figure for disclosure calculations under the Disclosure Guidance and Transparency Rules.
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