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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.

Rhea-AI Summary
Ferguson plc (NYSE: FERG, LSE: FERG) announces the purchase of 41,908 ordinary shares from November 27, 2023, to December 1, 2023, as part of its $3.0 billion share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
buyback
-
News
Rhea-AI Summary
Ferguson plc (FERG) filed a Form 10-Q with the SEC on December 6, 2023, available on the SEC's website and the Company's investor page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
Tags
none
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Rhea-AI Summary
Ferguson plc (FERG) Announces Purchase of 41,908 Ordinary Shares as Part of $3.0 Billion Share Repurchase Program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
buyback
News
Rhea-AI Summary
Ferguson PLC (FERG.L) reported a 2.8% decline in net sales for the first quarter of 2023, with operating cash flow increasing to $557 million. The company declared a quarterly dividend of $0.79, reflecting a 5% increase over the prior year. Despite the decline in sales, the balance sheet remains strong with net debt to adjusted EBITDA of 1.0x. The FY2024 guidance remains unchanged, with net sales expected to be broadly flat and an adjusted operating margin of 9.2% - 9.8%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.48%
Tags
-
News
Rhea-AI Summary
Ferguson plc (FERG) filed a Form 8-K with the U.S. Securities and Exchange Commission on December 4, 2023. The form is available on the SEC's website and the Company's investor relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.48%
Tags
none
-
News
Rhea-AI Summary
Ferguson plc (FERG) filed Form S-8 with the SEC on December 1, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
none
Rhea-AI Summary
Ferguson plc (Ticker symbol: FERG) notifies the total voting rights and capital in the company. As of November 30, 2023, the company's issued share capital consisted of 232,171,182 ordinary shares, with 28,681,531 ordinary shares held in treasury, resulting in a total of 203,489,651 voting rights. Shareholders can use this figure to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules and the Company’s Articles of Association.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
none
-
News
Rhea-AI Summary
Ferguson plc (FERG), a global distributor of plumbing and heating products, filed a Form 8-K with the SEC on November 29, 2023, providing access to resolutions from the 2023 Annual General Meeting. The document is available on the SEC's website and the Company's SEC Filings page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.58%
Tags
none
-
Rhea-AI Summary
Ferguson plc (FERG) announces the purchase of 40,000 ordinary shares as part of its $3.0 billion share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
buyback
Rhea-AI Summary
Ferguson plc (FERG) repurchases 76,249 ordinary shares in connection with its $3.0 billion share repurchase program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
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).