Transaction in Own Shares

Rhea-AI Summary

Ferguson plc (NYSE:FERG) announced the repurchase of 100,000 ordinary shares from December 26 to December 30, 2022, as part of its $2.5 billion share repurchase program. The repurchase included 50,000 shares on December 28 at an average price of 10,455.0000 and 50,000 shares on December 29 at 10,455.5907. Following these transactions, the total number of shares held in treasury will be 24,936,019, leaving 207,235,163 ordinary shares in issue.

Positive

• Completion of share repurchase of 100,000 shares strengthens shareholder value.
• Remaining treasury shares increase to 24,936,019, reflecting commitment to return capital.

Negative

• None.

Ferguson Share Repurchase Program - Weekly Report

WOKINGHAM, UK / ACCESSWIRE / January 3, 2023 / Ferguson plc (NYSE:FERG)(LSE:FERG) (the "Company") announces today that it purchased a total of 100,000 of its ordinary shares in the period from December 26, 2022 up to and including December 30, 2022 in connection with its $2.5 billion share repurchase program.

Aggregated information about the purchases carried out during this period

Trading day	Aggregate daily volume (in number of shares)	Daily weighted average purchase price of the shares	Trading venue
December 28, 2022	50,000	10,455.0000	XLON
December 29, 2022	50,000	10,455.5907	XLON

The Company intends to hold these shares in treasury. Following the purchase of these shares (including those purchased but not yet settled), the number of shares held by the Company in treasury will be 24,936,019.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 207,235,163. The figure of 207,235,163 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, and the Commission Delegated Regulation (EU) 2016/1052, detailed information about the individual purchases is attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/3972L_1-2022-12-30.pdf

For further information please contact:

Brian Lantz, Vice President IR and Communications +1 224 285 2410

Pete Kennedy, Director of Investor Relations +1 757 603 0111

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Ferguson PLC

View source version on accesswire.com:
https://www.accesswire.com/733729/Transaction-in-Own-Shares

FAQ

What share repurchase program did Ferguson plc announce on January 3, 2023?

Ferguson plc announced the purchase of 100,000 ordinary shares as part of its $2.5 billion share repurchase program.

How many shares did Ferguson plc buy on December 28 and at what price?

On December 28, 2022, Ferguson plc bought 50,000 shares at an average price of 10,455.0000.

What is the total number of shares in issue after Ferguson plc's recent repurchase?

After the repurchase, the total number of ordinary shares in issue will be 207,235,163.

How many shares will Ferguson plc hold in treasury after the recent purchases?

Following the purchases, Ferguson plc will hold a total of 24,936,019 shares in treasury.

What were the average purchase prices for shares bought on December 29, 2022?

On December 29, 2022, Ferguson plc purchased 50,000 shares at an average price of 10,455.5907.