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 Enterprises Inc. (NYSE: FERG; LSE: FERG) generates a steady stream of news tied to its role as the largest value-added distributor serving the water and air specialized professional in the North American residential and non-residential construction market. News coverage for FERG frequently centers on its financial performance, capital allocation decisions and activities that support its specialized professional customer base.
Investors and market watchers can expect regular earnings and results announcements, including quarterly updates and transition-period reporting as the company moves its fiscal year end to December 31. These releases typically discuss net sales, margins, segment performance in the United States and Canada, and commentary on residential versus non-residential end markets.
Ferguson’s news flow also includes SEC filing notices, such as Form 10-Q and Form 8-K filings, which are highlighted in press releases that direct readers to full documents on the SEC’s website and the company’s own filings page. In addition, the company issues announcements regarding dividends, share repurchases and debt offerings, including public offerings of senior notes and related underwriting agreements.
Another important category of FERG news involves director and executive share transactions and equity awards under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. These updates, often labeled as Director/PDMR Shareholding notices, provide detail on restricted stock unit grants, vesting events and dividend reinvestment purchases.
Ferguson also publishes news about strategic initiatives and partnerships, such as investments made through Ferguson Ventures, its corporate venture capital arm. For example, a recent release describes a strategic funding round in Ply, an inventory and purchasing platform built for the trades, aimed at advancing automated inventory replenishment and real-time visibility for contractors and suppliers.
By following the FERG news page, readers can track how Ferguson communicates its financial results, governance developments, capital structure changes and collaborations that support the water and air specialized professional in North American construction.
Ferguson plc (NYSE: FERG, LSE: FERG) has repurchased 132,312 ordinary shares from June 3 to June 6, 2024, as part of its $4 billion share buyback program. The shares were acquired on various trading venues at daily weighted average prices ranging from USD 196.1500 to USD 203.0904. The company will hold these shares in treasury, increasing its treasury share count to 30,363,223, while the total number of ordinary shares in issue will be 201,807,959. Shareholders can use this figure for necessary notification obligations under relevant disclosure rules. Detailed purchase information is available on Ferguson's investor relations site.
On October 12, 2023, Ferguson plc announced share awards to James Paisley, the Chief Digital and Information Officer. Initially, Paisley was granted 9,931 shares under the Performance Ordinary Share Plan (POSP) and 2,128 shares under the Ordinary Share Plan (OSP). However, due to an administrative error, the awards were later adjusted to 9,595 POSP shares and 2,056 OSP shares. The adjustments were made in accordance with the EU Market Abuse Regulation and further details were provided in an announcement on October 17, 2023. The transactions were conducted outside a trading venue on June 10, 2024.
Ferguson announces the continuation of its $4.0 billion share repurchase program. A new non-discretionary agreement with J.P. Morgan Securities will oversee the repurchase of up to $235 million in shares from June 10, 2024, to September 26, 2024. This arrangement is part of a broader initiative authorized by shareholders to buy back up to 20,398,372 ordinary shares. The repurchased shares will be transferred into treasury, reducing the company's capital. Following a merger effective August 1, 2024, Ferguson Enterprises Inc. will assume the repurchase program's obligations. Purchases will be executed on the NYSE in compliance with regulatory requirements.
Ferguson plc filed a Form 8-K on June 3, 2024, and a Form 10-Q on June 5, 2024, with the U.S. Securities and Exchange Commission (SEC). These filings are accessible on both the SEC's official website and Ferguson's corporate website under the SEC Filings section.
Ferguson plc (NYSE: FERG, LSE: FERG) announced the repurchase of 85,490 ordinary shares between May 28, 2024, and May 31, 2024, as part of its $4.0 billion share buyback program.
The repurchases were executed at various trading venues with prices ranging from $202.4500 to $206.8700 per share.
Post-repurchase, Ferguson holds 30,230,911 shares in treasury, leaving 201,940,271 ordinary shares in issue.
This figure will serve as the denominator for shareholders’ notifications under the Disclosure Guidance and Transparency Rules.
Ferguson plc has announced its total voting rights and issued share capital as of May 31, 2024. The company’s share capital comprises 232,171,182 ordinary shares, each valued at 10 pence. Of these, 30,230,911 shares are held in treasury and do not carry voting rights, leaving the total voting rights in the company at 201,940,271. This total will help shareholders determine if they need to disclose their interest in the company as per FCA's Disclosure Guidance and Transparency Rules.
Ferguson plc filed a Form 8-K with the U.S. SEC on May 31, 2024, which is now accessible on the SEC's website and the company's investor relations page. This filing includes details of the resolutions passed during the 2024 Special Meeting, addressing non-ordinary business matters. These resolutions are also available for review at the National Storage Mechanism. This step complies with Listing Rule 14.3.6, ensuring transparency and regulatory adherence.
Ferguson plc has announced the exercise of share options by multiple senior executives, including the CEO, CFO, CLO, CMO, and other senior VPs. This notification is in compliance with the EU Market Abuse Regulation, now part of UK law under the European Union (Withdrawal) Act 2018. Each executive exercised options for 84 ordinary shares at a price of $105.90 per share on May 29, 2024. This amounts to a total transaction value of $8,895.60 per executive. The transactions occurred outside a trading venue.
Ferguson plc (NYSE: FERG, LSE: FERG) announced the repurchase of 100,029 ordinary shares from May 20, 2024, to May 24, 2024, as part of its $3.0 billion share repurchase program.
The daily average purchase prices ranged from $207.56 to $212.13 across various trading venues like ARCX, XNAS, and XNYS. After these purchases, Ferguson plc holds 30,306,221 shares in treasury, with 201,864,961 ordinary shares remaining in issue.
These shares are intended to be held in treasury, and shareholders can use the new share count for notification obligations under the Disclosure Guidance and Transparency Rules.
Ferguson plc (NYSE: FERG, LSE: FERG) has announced the repurchase of 136,845 of its ordinary shares from May 13 to May 17, 2024, as part of its $3.0 billion share repurchase program.
The purchases occurred across various trading venues, with daily volumes ranging from 5 to 52,200 shares, and prices between $210.7368 and $221.7600.
Post-repurchase, Ferguson's treasury holds 30,206,245 shares, with 201,964,937 ordinary shares remaining in circulation.
Shareholders can use this figure for their notification obligations under the UK Disclosure Guidance and Transparency Rules.