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 (LSE: FERG, NYSE: FERG) reported a notification of major holdings from BlackRock, Inc. on May 12, 2022, indicating an increase in voting rights following the threshold crossing on May 11, 2022. BlackRock now holds 7.58% of Ferguson's voting rights, comprising 7.38% through direct shares and 0.20% via financial instruments. The previous position was reported at 10.02%. This shift reflects BlackRock's ongoing investment strategy and market positions in Ferguson.
Ferguson plc announced the repurchase of 59,893 ordinary shares at a price of £95.162764 per share on May 12, 2022, as part of its $2 billion share repurchase program. Following this transaction, the total number of shares held in Treasury amounts to 16,913,122. The total shares outstanding after this repurchase will be 215,258,060. This announcement is in compliance with the Market Abuse Regulation, and further details can be accessed through the link provided.
Ferguson plc announced that on May 11, 2022, it repurchased 33,401 ordinary shares at a price of £93.34 per share as part of its $2 billion share repurchase program. Following this transaction, the total number of shares in Treasury is 16,853,229, while the remaining shares outstanding will be 215,317,953. This buyback aligns with the company's strategy to enhance shareholder value. Further details can be found in the attached announcement and the company plans to retain these shares in Treasury.
The press release highlights transactions by Ferguson's managerial personnel involving ordinary shares under dividend reinvestment plans. Key points include:
- William Brundage, Group CFO, purchased shares at $114.27 for a total of $773.26.
- Jake Schlicher, Senior VP, purchased shares at £90.99 for a total of £3,002.93.
- William Thees, Senior VP, made two purchases: one at £90.99 for £8,098.82 and another at $114.27 for $962.68.
This information complies with EU Market Abuse Regulation requirements.
Ferguson plc has officially transferred its primary listing to the New York Stock Exchange (NYSE) as of May 12, 2022. This follows a shareholder resolution on March 10, 2022, which changed its listing category on the London Stock Exchange from Premium to Standard. Ferguson, now entirely focused on North America, believes this aligns better with its growth opportunities. CEO Kevin Murphy highlighted that the new listing structure supports their strategy to enhance shareholder value amid evolving market dynamics.
Ferguson plc announced the repurchase of 60,000 of its ordinary shares at a price of £91.74 as part of its $2 billion share repurchase program on May 10, 2022. Following this transaction, Ferguson holds a total of 16,819,828 shares in treasury, leaving 215,351,354 shares in circulation. This number represents the denominator for shareholders to calculate their interests under the Disclosure and Transparency Rules.
Ferguson plc announced the purchase of 177,434 ordinary shares at £91.10 each on May 9, 2022, as part of its $2 billion share repurchase program. Following this transaction, the company holds a total of 16,759,828 shares in Treasury, with 215,411,354 ordinary shares remaining in issue. This figure serves as a denominator for shareholders to assess their interests under the Disclosure and Transparency Rules. The repurchase aims to enhance shareholder value despite the uncertain market conditions. Detailed purchase information is available in the announcement.
Ferguson plc announced the repurchase of 190,000 ordinary shares at a price of £93.32 each on May 6, 2022, as part of its $2 billion share repurchase program. The company will hold these shares in treasury, increasing the total treasury shares to 16,582,394. Following this transaction, the total number of ordinary shares in issue will be 215,588,788. This figure will serve as the denominator for shareholder notifications under the Disclosure and Transparency Rules.
Ferguson plc announced on May 5, 2022, the repurchase of 90,000 ordinary shares at a price of £97.64 each, amounting to a total investment of approximately £8.788 million as part of its $2 billion share repurchase program. Following this transaction, Ferguson holds a total of 16,392,394 shares in treasury, while the remaining ordinary shares in issue total 215,778,788. This information is crucial for shareholders for calculating their interest notifications as per the Disclosure and Transparency Rules.
Ferguson plc announced a share repurchase of 90,000 ordinary shares on May 4, 2022, at a price of £97.58 each, as part of its $2 billion buyback program. The company's treasury now holds 16,302,700 shares, with the total number of ordinary shares in circulation decreasing to 215,868,482. This transaction is in compliance with the Market Abuse Regulation, providing transparency for shareholders regarding their interest calculations. Further details can be found in the attached announcement.