Ferguson Share Repurchase Program - Weekly Report
Ferguson plc announces the purchase of 87,600 of its ordinary shares as part of its $3.0 billion share repurchase program. The shares will be held in treasury. The remaining number of ordinary shares in issue will be 203,806,823.
Positive
Ferguson plc purchased 87,600 of its ordinary shares as part of its $3.0 billion share repurchase program, which could positively impact the stock price.
10/25/2023 - 06:45 AM
WOKINGHAM, England --(BUSINESS WIRE)--
Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company ”) announces today that it purchased a total of 87,600 of its ordinary shares in the period from October 16, 2023, up to and including October 20, 2023, in connection with its $3.0 billion
Aggregated information about the purchases carried out during this period
Trading day
Aggregate daily volume
Daily weighted average purchase
Trading venue
October 16, 2023
3,657
164.8498
XDOT
October 16, 2023
1,500
165.3460
ARCA
October 16, 2023
11,643
164.4040
INET
October 17, 2023
100
163.5100
MEMX
October 17, 2023
2,967
167.4604
XDOT
October 17, 2023
2,523
165.9661
ARCA
October 17, 2023
8,910
167.6365
INET
October 17, 2023
400
167.9450
IEX
October 17, 2023
100
168.0100
CHX
October 18, 2023
1,500
164.0587
ARCA
October 18, 2023
12,057
162.4576
INET
October 18, 2023
4,343
161.7181
XDOT
October 18, 2023
100
160.7100
IEX
October 19, 2023
4,500
156.3422
INET
October 19, 2023
1,203
156.9821
MEMX
October 19, 2023
8,523
156.3382
XDOT
October 19, 2023
847
156.3128
BATS
October 19, 2023
382
156.3296
EPRL
October 19, 2023
1,272
156.4407
ARCA
October 19, 2023
1,000
156.1360
EDGX
October 19, 2023
100
157.3200
XPER
October 19, 2023
100
155.8900
CHX
October 19, 2023
73
156.2700
EDGA
October 19, 2023
300
155.9267
NQPX
October 20, 2023
1,200
155.0642
ARCA
October 20, 2023
11,952
154.0242
INET
October 20, 2023
5,757
154.2531
XDOT
October 20, 2023
402
153.8597
IEX
October 20, 2023
20
154.4850
MEMX
October 20, 2023
21
154.4690
BATS
October 20, 2023
148
154.5200
CHX
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 28,364,359.
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 203,806,823. The figure of 203,806,823 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/20231025351094/en/
Brian Lantz, Vice President IR and Communications, +1 224 285 2410
Pete Kennedy, Director of Investor Relations, +1 757 603 0111
Source: Ferguson plc
What did Ferguson plc announce?
Ferguson plc announced the purchase of 87,600 of its ordinary shares.
What is the purpose of the share repurchase program?
The share repurchase program aims to buy back shares of the company's stock.
How many shares will be held in treasury?
The purchased shares will be held in treasury.
What will be the remaining number of ordinary shares in issue?
Following the purchase, the remaining number of ordinary shares in issue will be 203,806,823.
