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Ferguson Share Repurchase Program - Weekly Report

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Ferguson plc announces the purchase of 77,162 of its ordinary shares as part of its $2.5 billion share repurchase program. The company intends to hold these shares in treasury, resulting in a total of 27,432,460 shares held. The remaining number of ordinary shares in issue will be 204,738,722.
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  • Ferguson plc purchased 77,162 shares as part of its share repurchase program, indicating confidence in the company's future. This could positively impact the stock price.
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WOKINGHAM, England--(BUSINESS WIRE)-- Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 77,162 of its ordinary shares in the period from May 29, 2023 up to and including June 02, 2023 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

May 29, 2023

-

-

-

May 30, 2023

19,967

119.500000

XLON

May 31, 2023

10,000

116.750000

XLON

June 01, 2023

35,000

115.800000

XLON

June 02, 2023

12,195

117.415188

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 27,432,460.

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 204,738,722. The figure of 204,738,722 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.

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

Source: Ferguson plc

FAQ

What is Ferguson plc's share repurchase program?

Ferguson plc's share repurchase program involves buying back its own ordinary shares, indicating confidence in the company's future.

How many shares did Ferguson plc purchase?

Ferguson plc purchased 77,162 of its ordinary shares.

What will Ferguson plc do with the purchased shares?

Ferguson plc intends to hold the purchased shares in treasury.

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

Ferguson plc will hold a total of 27,432,460 shares in treasury after the purchase.

What is the total number of ordinary shares in issue after the purchase?

The total number of ordinary shares in issue after the purchase will be 204,738,722.

Ferguson plc

NYSE:FERG

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43.14B
200.83M
0.85%
87.02%
1.09%
General Rental Centers
Real Estate and Rental and Leasing
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United States of America
WOKINGHAM

About FERG

Ferguson plc (formerly Wolseley plc) is a British-American multinational plumbing and heating products distributor with its head office in Wokingham, England. Its brands include Ferguson Enterprises (in the United States).