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 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.
WOKINGHAM, UK / ACCESSWIRE / September 29, 2021 / Ferguson plc has filed its Annual Report on Form 20-F for the fiscal year ended July 31, 2021, with the US SEC on September 28, 2021. The report indicates a revenue of $22.8 billion and a trading profit of $2.2 billion. The report is available on Ferguson's website and the SEC's website, with hard copies of audited financial statements available upon request. Ferguson plc is a prominent distributor of plumbing and heating products in North America and is listed on both the London and New York Stock Exchanges under the ticker FERG.
Ferguson plc (LSE:FERG)(NYSE:FERG) announced its financial results for the year ending July 31, 2021, showcasing a robust 14.3% revenue growth to US$22.8 billion. Profit before tax surged 46.4% to US$1.89 billion, while earnings per share increased by 57.8% to 674.7c. The dividend rose 15% to 239.4c, with strong cash generation and a low debt-to-EBITDA ratio of 0.6x. Ferguson made significant investments in acquisitions, totaling US$335 million, and announced a new US$1 billion share buyback program.
Ferguson plc will release its full year results for the period ending July 31, 2021, on September 28, 2021, available on its website from 0700hrs UK time. A live video webcast for analysts and investors will take place on the same day at 1200hrs UK time (0700hrs ET), with registration accessible via the company's website. Ferguson is a major distributor of plumbing and heating products in North America, reporting a revenue of $19.9 billion and a trading profit of $1.6 billion for the previous year.
Ferguson PLC (LSE:FERG)(NYSE:FERG) has announced its total voting rights and capital structure as of August 31, 2021. The company issued 232,171,182 ordinary shares of 10 pence each, with 9,861,263 shares held in treasury. Consequently, the total voting rights available to shareholders stand at 222,309,919. This figure is crucial for shareholders to determine their notification requirements regarding any changes in their interests as mandated by the FCA's Disclosure Guidance and Transparency Rules.