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 (FERG) delivers essential plumbing, HVAC, and construction supplies through North America's most extensive value-added distribution network. This news hub provides professionals and investors with timely updates on operational developments, financial performance, and strategic initiatives shaping the industrial distribution sector.
Access consolidated coverage of earnings announcements, product innovations, and leadership updates. Our repository includes press releases on supply chain advancements, technology partnerships, and market expansion efforts – all critical for understanding Ferguson's role in commercial construction ecosystems.
Key updates feature maintenance/repair sector trends, infrastructure project participation, and sustainability initiatives. Bookmark this page to monitor how Ferguson's branch network optimization and digital transformation strategies impact its position as a plumbing/HVAC market leader.
Ferguson plc (NYSE:FERG) reported that it bought back 61,560 ordinary shares between April 17 and April 21, 2023, as part of its $2.5 billion share repurchase program. The company aims to hold these shares in treasury, increasing its treasury shares to 27,103,700. Post-purchase, the total number of ordinary shares issued will be 205,067,482, which serves as a reference number for shareholders to assess their interests under relevant regulations. The average purchase prices for the shares ranged from $105.26 to $109.43 across the trading days, with a notable volume on April 18 and 19.
This activity highlights Ferguson's commitment to enhancing shareholder value through effective capital management.
Ferguson plc has filed a Form 8-K with the U.S. Securities and Exchange Commission on April 20, 2023, detailing important corporate developments. This filing is accessible on the SEC's website and Ferguson's SEC filings page. Ferguson is a prominent distributor in North America, specializing in products related to infrastructure, plumbing, HVAC, and more, aiming to simplify complex projects for its customers. The company manages operations from Newport News, Virginia, while headquartered in the U.K. Investors seeking further details can contact Ferguson's investor relations representatives.
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