Ferguson Enterprises Inc. distributes essential water and air products to specialized professionals in North American residential and non-residential construction markets. Its product categories include plumbing, HVAC, appliances, lighting, PVF, and water and wastewater solutions, supported by branch, showroom, phone, and digital customer channels.
Recurring Ferguson news covers operating results, organic and acquisition-driven growth, non-residential project demand, cash returns through dividends, and acquisitions used to consolidate fragmented distribution markets. Company updates also include strategic alliances for contractor e-commerce, SEC filing notices, annual-meeting matters, and Director/PDMR shareholding notifications tied to restricted stock units under the 2023 Omnibus Equity Incentive Plan.
Ferguson plc filed its Form 10-Q with the SEC on December 8, 2022, which can be accessed on both the SEC's website and Ferguson's investor relations page. As a top distributor in North America, Ferguson focuses on providing solutions in various sectors including infrastructure, plumbing, and HVAC. The company aims to simplify customer projects while ensuring sustainability. For detailed information about the filing, interested parties can visit Ferguson's official site or the SEC's portal.
Ferguson plc announced the automatic vesting of conditional shares under its Long Term Incentive Plan (LTIP) on December 5, 2022. Key executives, including CEO Kevin Murphy, General Counsel Ian Graham, and Chief HR Officer Samantha Long, have vested a total of 46,760 shares, with the largest allocation being 43,625 shares to Murphy. These shares will be delivered to the executives in a forthcoming open period following the FY2023 Q1 results. This notification complies with the EU Market Abuse Regulation.
Ferguson plc filed a Form S-8 with the U.S. Securities and Exchange Commission on December 2, 2022. The filing is accessible via the SEC's website and Ferguson's investor page. This form pertains to the registration of employee benefit plans, a standard procedure for public companies intending to offer stock options or similar financial incentives. Ferguson is a leading distributor in North America, focusing on infrastructure, plumbing, HVAC, and more. For further inquiries, contact their investor relations team.
BlackRock, Inc. announced a reduction in its voting rights in Ferguson PLC as it fell below the 5% threshold. The notification was made following the threshold breach on November 30, 2022, with the notification submitted on December 1, 2022. Previously, BlackRock held 7.38% of voting rights, now totaling below 5%. The major holdings were indicated through both direct and indirect voting rights, which include financial instruments like securities lending and CFDs. This change in holdings could influence shareholder dynamics and market perceptions.
Ferguson plc filed a Form 8-K with the SEC on December 1, 2022. The filing, which is crucial for disclosing important corporate information, can be accessed via the SEC's website and Ferguson's investor relations page. Ferguson is a leading value-added distributor focusing on North America, offering a variety of solutions in infrastructure, plumbing, and HVAC, among others. The company aims to simplify complex projects for its customers. Further information on its operations can be found on the Ferguson website.
Ferguson PLC announced its total voting rights as of November 30, 2022. The company has an issued share capital of 232,171,182 ordinary shares of 10 pence each, with 24,516,283 shares held in treasury, resulting in total voting rights of 207,654,899. This number is crucial for shareholders to determine notification requirements under FCA’s rules. The voting rights of treasury shares are suspended.
Ferguson plc announced that it will release its first quarter results on December 6, 2022. The results will be available on its website at www.fergusonplc.com starting at 6:45 a.m. EST/11:45 a.m. GMT. A webcast for analysts and investors will take place at 8:30 a.m. EST/1:30 p.m. GMT on the same day, with a slide presentation available 15 minutes prior to the event. An archived version will be accessible for 12 months post-event. Ferguson, a key distributor in North America, focuses on various infrastructure solutions.
Ferguson plc announced the purchase of 124,977 ordinary shares between November 14 and November 18, 2022, as part of its $2.5 billion share repurchase program. The Company intended to hold these shares in treasury, increasing the total treasury shares to 24,305,732. After this transaction, the remaining ordinary shares in circulation will be 207,865,450. Shareholders can use this figure to determine notification obligations under the Disclosure Guidance and Transparency Rules.
Ferguson plc (NYSE:FERG) reported a purchase of 57,478 ordinary shares between October 24 and October 28, 2022, as part of its $2.5 billion share repurchase program. The average purchase prices ranged from £9,285.27 to £9,564.90 across the trading days. After these purchases, the company's treasury shares will total 24,056,008, leaving 208,115,174 ordinary shares in circulation. This repurchase logic aims to enhance shareholder value and is in compliance with market regulations.
Ferguson plc has released its block listing six-monthly return for the period from May 1, 2022 to October 31, 2022. During this time, the balance of unallotted securities under the Ferguson Group International Sharesave Plan 2011 remains unchanged at 181,430 ordinary 10p shares. There were no increases in the scheme, and no securities were issued or allotted during this period. This report confirms the stability of the scheme without any new allocations or changes.