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 announced the repurchase of 52,879 ordinary shares at a price of £96.78 each on June 18, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. The company now holds 9,212,221 shares in treasury, with 222,958,961 ordinary shares remaining in circulation. This share buyback program aims to enhance shareholder value and will aid in calculating notification obligations under the Disclosure and Transparency Rules.
Ferguson plc has announced the repurchase of 51,980 ordinary shares at a price of £98.136889 each on June 17, 2021, as part of its $400 million share buyback program initiated on March 16, 2021. The company now holds 9,159,342 shares in treasury, with a total of 223,011,840 ordinary shares remaining in issue. This repurchase aims to enhance shareholder value and align with Ferguson's financial strategy.
On June 17, 2021, Ferguson PLC granted conditional share awards to Chief Marketing Officer Victoria Morrissey under two plans: the Ferguson Group Performance Ordinary Share Plan 2019 and the Ferguson Group Ordinary Share Plan 2019. The awards include 1,345 shares vesting on April 12, 2022, and 1,868 shares vesting on April 12, 2023 under the Performance Plan, with performance conditions based on US trading profit growth. Additionally, 572 shares and 1,964 shares will vest under the Ordinary Plan without performance conditions, also on the same dates.
Ferguson plc (LSE:FERG) has completed a share repurchase of 27,821 ordinary shares at a price of £99.14 each on June 16, 2021, under its $400 million share repurchase program. Following this purchase, the company holds a total of 9,111,710 shares in treasury. The total number of ordinary shares in issue will now be 223,059,472. This repurchase program, initiated to enhance shareholder value, allows shareholders to determine their interest under the Disclosure and Transparency Rules. For detailed information on the individual purchases, refer to the attached announcement.
Ferguson plc announced on June 15, 2021, that it repurchased 34,090 of its ordinary shares at £98.18 each as part of its $400 million share repurchase program initiated on March 16, 2021. The company now holds 9,083,889 shares in Treasury, with a remaining share count of 223,087,293. This transaction provides shareholders with updated denominators for interest notification under the Disclosure and Transparency Rules. Detailed purchase information is included in the transaction announcement.
Ferguson plc announced the repurchase of 55,896 ordinary shares at a price of £96.22 each on June 14, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. Following this transaction, the company holds a total of 9,049,799 treasury shares, with 223,121,383 ordinary shares remaining in circulation. This repurchase is aligned with Ferguson's strategy to enhance shareholder value. The purchases were executed through J.P. Morgan Securities plc.
Ferguson plc announced the repurchase of 33,000 ordinary shares at a price of £95.555735 each on June 11, 2021, as part of its $400 million share repurchase program, initiated on March 16, 2021. Following this transaction, the total shares held in Treasury will be 8,993,903, with the remaining shares in circulation amounting to 223,177,279. This repurchase is expected to have implications for shareholders under the Disclosure and Transparency Rules.
Ferguson plc has initiated a share repurchase program with an allocated budget of £92.7 million, part of a broader plan that allows for a total repurchase of up to US$400 million. The program will run from June 14, 2021, until July 30, 2021, executed by JP Morgan Securities as an independent broker. This decision follows shareholder approval to buy back up to 22,493,518 shares, which will be held in treasury. The program aims to reduce the company's capital and may be used to satisfy employee share options.
Ferguson plc has completed a share repurchase of 50,000 ordinary shares at £95.76 each on June 10, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. This transaction increases the total number of shares held in Treasury to 8,960,903, with 223,210,279 ordinary shares remaining in issue. The share repurchase is aimed at optimizing capital structure. The financial implications for shareholders include potential changes in share value and dividend calculations based on updated share counts.
Ferguson plc (LSE:FERG, NYSE:FERG) announced a share repurchase on June 09, 2021, purchasing 40,000 ordinary shares at a price of £97.213215 each as part of its $400 million share repurchase programme initiated on March 16, 2021. The shares will be held in Treasury, increasing the total held to 8,917,099. Post-transaction, the total issued shares will be 223,254,083.
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