Ferguson Share Repurchase Program - Weekly Report

Rhea-AI Summary

Ferguson plc (FERG) Announces Purchase of 50,126 Ordinary Shares for $3.0 Billion Share Repurchase Program

WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 50,126 of its ordinary shares in the period from July 31, 2023, up to and including August 4, 2023, in connection with its $3.0 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
July 31, 2023	12,766	124.765754	XLON
August 1, 2023	5,595	125.922700	XLON
August 2, 2023	6,858	125.774340	XLON
August 3, 2023	17,655	124.950000	XLON
August 4, 2023	7,252	125.104062	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 27,931,040.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 204,240,142. The figure of 204,240,142 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 can be found at Ferguson - Investors - Shareholder Center - Share Buy-Back Details - 2023 Share Buy-Back.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230808128520/en/

For further information:

Brian Lantz, Vice President IR and Communications

+1 224 285 2410



Pete Kennedy, Director of Investor Relations

+1 757 603 0111

Source: Ferguson plc

FAQ

What did Ferguson plc announce regarding share repurchase?

Ferguson plc announced the purchase of 50,126 of its ordinary shares as part of its $3.0 billion share repurchase program.

When did Ferguson plc make the share purchases?

The share purchases were made in the period from July 31, 2023, up to and including August 4, 2023.

What is the total value of Ferguson plc's share repurchase program?

Ferguson plc's share repurchase program is valued at $3.0 billion.