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 Inc. (NYSE: FERG; LSE: FERG) generates a steady stream of news tied to its role as the largest value-added distributor serving the water and air specialized professional in the North American residential and non-residential construction market. News coverage for FERG frequently centers on its financial performance, capital allocation decisions and activities that support its specialized professional customer base.
Investors and market watchers can expect regular earnings and results announcements, including quarterly updates and transition-period reporting as the company moves its fiscal year end to December 31. These releases typically discuss net sales, margins, segment performance in the United States and Canada, and commentary on residential versus non-residential end markets.
Ferguson’s news flow also includes SEC filing notices, such as Form 10-Q and Form 8-K filings, which are highlighted in press releases that direct readers to full documents on the SEC’s website and the company’s own filings page. In addition, the company issues announcements regarding dividends, share repurchases and debt offerings, including public offerings of senior notes and related underwriting agreements.
Another important category of FERG news involves director and executive share transactions and equity awards under the Ferguson Enterprises Inc. 2023 Omnibus Equity Incentive Plan. These updates, often labeled as Director/PDMR Shareholding notices, provide detail on restricted stock unit grants, vesting events and dividend reinvestment purchases.
Ferguson also publishes news about strategic initiatives and partnerships, such as investments made through Ferguson Ventures, its corporate venture capital arm. For example, a recent release describes a strategic funding round in Ply, an inventory and purchasing platform built for the trades, aimed at advancing automated inventory replenishment and real-time visibility for contractors and suppliers.
By following the FERG news page, readers can track how Ferguson communicates its financial results, governance developments, capital structure changes and collaborations that support the water and air specialized professional in North American construction.
Ferguson plc executed a share buyback on October 8, 2021, repurchasing 45,656 ordinary shares at a price of £104.30 each as part of its $1,000 million program initiated on September 28, 2021. With this transaction, Ferguson now holds 10,156,337 shares in treasury, leaving 222,014,845 shares outstanding. This share repurchase plan is in alignment with the company’s strategy to enhance shareholder value.
Ferguson plc announced the repurchase of 40,000 ordinary shares at a price of £103.44 each on October 7, 2021, as part of its ongoing $1,000 million share repurchase program initiated on September 28, 2021. The shares will be held in Treasury, bringing the total number of shares in Treasury to 10,110,681. Following this transaction, the total number of ordinary shares in issue will be 222,060,501, which shareholders can use to determine their disclosure obligations under the relevant rules.
Ferguson plc announced a share repurchase of 60,000 ordinary shares at £102.60 each on October 6, 2021, as part of its $1 billion share repurchase program initiated on September 28, 2021. This purchase brings the total shares held in treasury to 10,070,681, with 222,100,501 shares remaining in circulation. This transaction aligns with the company's strategy to enhance shareholder value. Details regarding the purchases comply with the EU Market Abuse Regulation, applicable in the UK.
Ferguson plc announced a share repurchase transaction on October 5, 2021, as part of its $1,000 million share buyback program initiated on September 28, 2021. The company repurchased 60,000 ordinary shares at a price of £104.03 per share, totaling approximately £6.24 million. After this transaction, Ferguson holds 10,010,681 shares in treasury, with the number of shares in issue reduced to 222,160,501. This figure will serve as a denominator for shareholders in accordance with the Disclosure and Transparency Rules.
Ferguson plc announced the purchase of 30,000 ordinary shares at £102.00 each on October 4, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021. The company now holds 9,950,681 shares in treasury, reducing the total number of ordinary shares in issue to 222,220,501. This buyback is aimed at enhancing shareholder value and can be used for calculations regarding shareholder interest notifications under the Disclosure and Transparency Rules.
Ferguson has reported on a transaction involving Catherine Halligan, a Non-Executive Director, under the EU Market Abuse Regulation. Halligan purchased a total of 200 ordinary shares at an aggregated price of $27,823.10, with individual prices of $139.3043 and $138.6300. The transaction occurred on September 30, 2021, at the New York Stock Exchange. This is categorized as an initial notification, emphasizing compliance with market regulations.
Ferguson plc has repurchased 30,000 ordinary shares at £102.30 each as part of a $1,000 million share repurchase program initiated on September 28, 2021. This transaction occurred on October 1, 2021, resulting in a total of 9,920,681 shares held in treasury, leaving 222,250,501 ordinary shares in circulation. Shareholders can use this number for their interest calculations under the Disclosure and Transparency Rules. Detailed purchase information has been disclosed in compliance with market regulations.
Ferguson plc announces the repurchase of 30,000 ordinary shares at a price of £103.35 each as part of its $1,000 million share repurchase program initiated on September 28, 2021. The transaction occurred on September 30, 2021, and the shares will be held in Treasury. With this purchase, the total number of shares held in Treasury rises to 9,890,681, leaving 222,280,501 ordinary shares in circulation. This information is critical for shareholders and others regarding their notification obligations under the Disclosure and Transparency Rules.
Ferguson PLC announced its issued share capital as of September 30, 2021, consisting of 232,171,182 ordinary shares of 10 pence each. Out of these, 9,890,681 shares were held in treasury, rendering the total voting rights at 222,280,501. This figure is critical for shareholders as it serves as the denominator for determining notification requirements under the FCA's Disclosure Guidance and Transparency Rules.
This notification is crucial for shareholders' compliance with their obligations regarding interest changes in the Company.
Ferguson plc has initiated a share buyback program aiming to repurchase up to US$1,000 million of its shares over the next 12 months. The first phase involves purchasing up to £290 million of shares, starting from September 30, 2021, until January 13, 2022, through an independent broker, Barclays Capital Securities Limited. This program, authorized by shareholders, aims to reduce the company’s capital and potentially satisfy employee share options. The program adheres to regulations and company policies, ensuring compliance throughout.
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