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Ferguson Plc. - FERG STOCK NEWS

Welcome to our dedicated news page for Ferguson Plc. (Ticker: FERG), a resource for investors and traders seeking the latest updates and insights on Ferguson Plc..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ferguson Plc.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ferguson Plc.'s position in the market.

News
Rhea-AI Summary
Ferguson plc announces a $3.0 billion share repurchase program with Barclays Capital Inc., aiming to repurchase up to $220 million worth of shares by June 13, 2024. The Company plans to acquire ordinary shares independently through its broker, reducing its capital and potentially using repurchased shares for future share awards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
buyback
-
Rhea-AI Summary
Ferguson plc announces the purchase of 91,645 of its ordinary shares as part of a $3.0 billion share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
buyback
-
Rhea-AI Summary
Ferguson plc cancels and replaces restricted stock units for Non-Employee Directors. The transactions were made under the Ferguson Non-Employee Director Incentive Plan 2022 and the Ferguson plc 2023 Omnibus Equity Incentive Plan. Nine directors received replacement grants with the same number of units as the cancelled awards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
Tags
none
News
Rhea-AI Summary
Ferguson plc filed a Form 10-Q with the SEC on March 6, 2024, providing financial information and updates for investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
none
-
Rhea-AI Summary
Ferguson plc (FERG) announces the purchase of 48,130 ordinary shares as part of its $3.0 billion share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
buyback
-
News
Rhea-AI Summary
Ferguson plc (FERG) reports a sales decline of 2.2% in the second quarter, with an operating margin of 7.1%. Diluted earnings per share stand at $1.58. The company maintains its full-year guidance with net sales expected to be broadly flat and an adjusted operating margin of 9.2% - 9.8%. Ferguson CEO, Kevin Murphy, highlights organic performance improvement and strong operating cash flow. The company completed acquisitions totaling $220 million and repurchased shares worth $142 million. The balance sheet remains strong with net debt to adjusted EBITDA of 1.1x.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.72%
Tags
News
Rhea-AI Summary
Ferguson plc filed a Form 8-K with the SEC on March 1, 2024, available on sec.gov and the company's website. The filing provides important financial information for investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
-
Rhea-AI Summary
Ferguson plc notifies shareholders of the total voting rights and capital in the company as of February 29, 2024, with 232,171,182 ordinary shares issued, including 29,357,781 held in treasury, resulting in 202,813,401 total voting rights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
-
Rhea-AI Summary
Ferguson plc announces the purchase of 19,922 ordinary shares as part of its $3.0 billion share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
buyback
Rhea-AI Summary
Ferguson plc (FERG) buys back 67,037 shares as part of a $3.0 billion repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
buyback
Ferguson Plc.

NYSE:FERG

FERG Rankings

FERG Stock Data

43.80B
200.83M
0.85%
87.02%
1.09%
General Rental Centers
Real Estate and Rental and Leasing
Link
United Kingdom
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).