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 has announced the repurchase of 34,981 ordinary shares at £116.42 each on December 2, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021. The company intends to hold these shares in Treasury, bringing the total shares held in Treasury to 11,255,299. Following this transaction, the remaining ordinary shares in issue will total 220,915,883. This figure serves as a reference for shareholders to determine if they need to notify their interest in the company as per the Disclosure and Transparency Rules.
Ferguson plc held its Annual General Meeting on December 2, 2021, where shareholders approved all resolutions with required majorities. Key resolutions included the approval of the Directors' Remuneration Report and a final dividend declaration, receiving 94.04% and 99.64% votes respectively. Notably, Kelly Baker and Brian May were elected with over 99% approval. The company also received authorization to purchase its own shares and to disapply pre-emption rights. The meeting witnessed a total of 169,885,670 shares voted, representing 76.89% of issued share capital.
Ferguson plc has repurchased 1,995 ordinary shares at £116.905014 each as part of its $1 billion share repurchase program initiated on September 28, 2021. The transaction occurred on December 1, 2021, through Barclays Capital Securities Limited. Following this buyback, Ferguson holds a total of 11,220,318 shares in Treasury, with 220,950,864 ordinary shares remaining in circulation. This repurchase is aimed at enhancing shareholder value and may affect the calculations for shareholder interests under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 38,267 ordinary shares at a price of £114.65 each on November 30, 2021. This transaction is part of its ongoing $1,000 million share repurchase program initiated on September 28, 2021. Following this buyback, Ferguson holds a total of 11,218,323 shares in Treasury, leaving 220,952,859 ordinary shares outstanding. The share repurchase program aims to enhance shareholder value.
Ferguson PLC has reported its total voting rights and capital as of November 30, 2021. The company issued 232,171,182 ordinary shares of 10 pence each, with 11,218,323 shares held in treasury. Consequently, the total voting rights are 220,952,859, which shareholders can utilize to determine their interest notifications under the FCA's rules. This announcement complies with DTR 5.6.1 regulations.
Ferguson plc announced the purchase of 72,994 of its ordinary shares for treasury on November 29, 2021, as part of its $1 billion share repurchase program initiated on September 28, 2021. The shares were bought at a price of £115.43 each through Barclays Capital Securities Limited. After this transaction, Ferguson holds a total of 11,180,056 shares in treasury, with 220,991,126 shares remaining in issue. This repurchase aligns with the company's strategy to enhance shareholder value.
Ferguson plc announced the repurchase of 80,000 ordinary shares at a price of £114.85 each on November 26, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021. Following this transaction, the total shares held in treasury increased to 11,107,062, representing 5.02% of total voting rights. The remaining number of ordinary shares in issue is now 221,064,120. Shareholders can use this figure to determine notification obligations under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 42,434 ordinary shares at a price of £118.284036 each on November 24, 2021, as part of its $1,000 million share repurchase program launched on September 28, 2021.
Post-transaction, Ferguson holds a total of 11,027,062 shares in Treasury, with 221,144,120 ordinary shares remaining in circulation.
This buyback may affect shareholder equity and could signal confidence in the company's financial health.
Ferguson plc (LSE:FERG) announced a share repurchase of 75,110 ordinary shares at a price of £118.50 each on November 23, 2021, as part of its $1 billion buyback program initiated on September 28, 2021. Following this transaction, Ferguson holds a total of 10,984,628 shares in Treasury. The total number of ordinary shares in issue is now 221,186,554, which shareholders can use to determine their interest under the Disclosure and Transparency Rules. The broker for this transaction was Barclays Capital Securities Limited.
Ferguson plc will announce its financial results for the three months ending October 31, 2021, on December 7, 2021. The results will be accessible on their website from 0700hrs GMT (or 0200hrs ET) after being released to the London Stock Exchange. For the fiscal year ending July 31, 2021, Ferguson reported revenues of $22.8 billion. Ferguson is a prominent distributor in North America, offering a wide range of products and services across various sectors, including plumbing and HVAC.
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