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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
On January 12, 2024, Ferguson plc filed a Form 8-K with the SEC, available on the SEC's website and the Company's investor information page. The filing signifies a significant event or corporate changes within the company.
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Ferguson plc (NYSE: FERG, LSE: FERG) announces the purchase of 64,809 of its ordinary shares as part of its $3.0 billion share repurchase program.
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News
Rhea-AI Summary
Ferguson plc (FERG) continues its growth strategy through the acquisition of Yorkwest Plumbing Supply Inc., Grove Supply, Inc., and Harway Appliances, with a combined annualized revenue of approximately $220 million. Yorkwest is a leading distributor in the greater Toronto area, Grove Supply serves the residential trade, and Harway Appliances is a premier distributor of high-end kitchen appliances in Austin, TX. Ferguson CEO Kevin Murphy emphasizes the value of expertise and customer relationships brought by the acquired businesses, highlighting the company's strategy of prioritizing organic growth and consolidating fragmented markets through acquisitions.
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0.03%
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Ferguson plc (NYSE: FERG, LSE: FERG) announced the purchase of 54,750 of its ordinary shares as part of its $3.0 billion share repurchase program.
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End-of-Day
-2.41%
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buyback
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Ferguson plc (Ticker: FERG) Notifies Total Voting Rights and Capital, Issued Share Capital of 232,171,182 Ordinary Shares, with 28,863,645 Shares Held in Treasury. Total Voting Rights in the Company is 203,307,537.
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-2.31%
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Ferguson plc (NYSE: FERG, LSE: FERG) announces the purchase of 69,762 ordinary shares as part of its $3.0 billion share repurchase program.
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End-of-Day
0.34%
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buyback
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Ferguson plc (NYSE: FERG, LSE: FERG) announces the purchase of 28,148 ordinary shares as part of its $3.0 billion share repurchase program.
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-1.17%
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buyback
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CEO Warrior (CEOW) announces collaboration with Ferguson to provide members access to extensive supply chain of products and solutions
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-0.31%
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News
Rhea-AI Summary
Ferguson plc (FERG.L) has announced a $3.0 billion share repurchase program, with a maximum pecuniary amount of $165 million for the current tranche. The company intends to purchase up to 20,398,372 of its ordinary shares, with the purpose of reducing its capital and potentially using the repurchased shares to satisfy share awards. The purchases will be carried out on the New York Stock Exchange in accordance with the terms of the arrangement entered into with Barclays Capital Inc.
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Rhea-AI Sentiment
End-of-Day
-0.31%
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buyback
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Ferguson plc (NYSE: FERG, LSE: FERG) announces the purchase of 31,800 of its ordinary shares as part of its $3.0 billion share repurchase program.
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Rhea-AI Sentiment
End-of-Day
0.58%
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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).