Ferguson Enterprises Stock Price, News & Analysis

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.

Ferguson plc announced on June 8, 2021, the purchase of 30,000 ordinary shares at a price of £98.80 each as part of its $400 million share repurchase program initiated on March 16, 2021. The shares will be held in Treasury, increasing the total treasury shares to 8,877,099. The total number of ordinary shares in issue will now stand at 223,294,083. This buyback represents a strategic move to enhance shareholder value and adjust the capital structure.

Ferguson plc announced the repurchase of 45,000 ordinary shares at £98.62 each on June 7, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. Following this transaction, the total number of shares held in Treasury has reached 8,847,099, while the remaining shares in issue will be 223,324,083. This updated share count will serve as the denominator for shareholder notifications under the Disclosure and Transparency Rules. For more details, please refer to the attached documentation.

Ferguson plc announced the purchase of 20,000 ordinary shares at £98.24 each on June 4, 2021, under its $400 million share repurchase program initiated on March 16, 2021. This transaction brings the total shares held in treasury to 8,802,099. Following this buyback, the total ordinary shares in circulation will be 223,369,083, which shareholders can use to determine any reporting requirements under the Disclosure and Transparency Rules. The shares will be retained in treasury, and there are compliance details available regarding individual transactions.

Ferguson plc (LSE:FERG)(NYSE:FERG) announced a share repurchase on June 3, 2021, purchasing 15,167 ordinary shares at a price of £97.446005 each as part of its $400 million share repurchase program initiated on March 16, 2021. Following this buyback, Ferguson holds 8,782,099 shares in Treasury, with a total of 223,389,083 ordinary shares remaining in issue. This activity aligns with the company's strategy to manage its capital effectively and may influence shareholder value.

Ferguson plc (LSE:FERG, NYSE:FERG) announced the repurchase of 16,962 ordinary shares at a price of £96.34 each on June 2, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. With this transaction, Ferguson now holds 8,790,664 shares in Treasury, leaving 223,380,518 ordinary shares in circulation. This repurchase aims to enhance shareholder value and may influence future interest disclosures under the Disclosure and Transparency Rules.

Ferguson PLC has reported multiple transactions by key managerial personnel involving the exercise of share options granted in April 2020 under the Ferguson Group Employee Share Purchase Plan 2019. On May 28, 2021, various executives including Group Chief Executive Kevin Murphy and CFO William Brundage exercised options at a price of £43.15 for 127 shares, totaling £5,480.05. Other executives also participated, with similar volumes and pricing. The transactions occurred on the London Stock Exchange, signaling ongoing executive confidence in the company's stock performance.