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. distributes essential water and air products to specialized professionals in North American residential and non-residential construction markets. Its product categories include plumbing, HVAC, appliances, lighting, PVF, and water and wastewater solutions, supported by branch, showroom, phone, and digital customer channels.
Recurring Ferguson news covers operating results, organic and acquisition-driven growth, non-residential project demand, cash returns through dividends, and acquisitions used to consolidate fragmented distribution markets. Company updates also include strategic alliances for contractor e-commerce, SEC filing notices, annual-meeting matters, and Director/PDMR shareholding notifications tied to restricted stock units under the 2023 Omnibus Equity Incentive Plan.
Ferguson plc has announced the repurchase of 40,000 ordinary shares at a price of £108.81 each on October 26, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021. The repurchased shares will be held in Treasury, increasing the total treasury shares to 10,466,422. Following this transaction, 221,704,760 ordinary shares remain in circulation. This figure will guide shareholders in their notification obligations under the Disclosure and Transparency Rules.
Ferguson plc announced the purchase of 40,000 ordinary shares for Treasury on October 25, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021.
The shares were acquired at a price of £107.50 each through broker Barclays Capital Securities Limited. Following this transaction, Ferguson holds a total of 10,426,422 Treasury shares, with 221,744,760 shares remaining in circulation.
Ferguson plc announced a share repurchase of 20,005 ordinary shares at £108.25 each on October 22, 2021, as part of its $1 billion buyback program initiated on September 28, 2021. This purchase increases Ferguson's treasury shares to 10,386,422, with total ordinary shares outstanding reduced to 221,784,760. The repurchased shares will be held in treasury, impacting future share calculations under the Disclosure and Transparency Rules. For detailed purchase information, refer to the attached documentation.
Ferguson plc announced the repurchase of 26,885 ordinary shares at a price of £107.15 each on October 21, 2021, as part of its $1,000 million share repurchase program initiated on September 28, 2021. The total shares held in Treasury now stands at 10,366,417, with 221,804,765 ordinary shares remaining in circulation. This purchase aims to enhance shareholder value and will be reported in accordance with Disclosure and Transparency Rules.
Ferguson plc purchased 20,000 ordinary shares of 10 pence each on October 20, 2021, at a price of £106.51 per share as part of its $1,000 million share repurchase program initiated on September 28, 2021. With this transaction, the company now holds a total of 10,339,801 shares in Treasury, leaving 221,831,381 ordinary shares outstanding. This repurchase serves to enhance shareholder value and is compliant with market regulations.
On October 21, 2021, Ferguson plc reported the sale of shares by several persons discharging managerial responsibilities (PDMRs) following the vesting of conditional share awards under various long-term incentive plans. Key figures include K. Murphy receiving 32,658 shares and selling 14,781, while W. Brundage received 11,479 shares and sold 5,196. The sale price was 10,540.9675 pence per share, with the sales aimed at covering tax and associated costs. The transactions were reported in accordance with the EU Market Abuse Regulation.
Ferguson plc announced a share repurchase on October 18, 2021, buying back 40,000 ordinary shares at a price of £105.24 each as part of its $1,000 million share buyback program initiated on September 28, 2021. Following this transaction, Ferguson holds a total of 10,386,551 shares in Treasury, with 221,784,631 ordinary shares remaining in circulation. This repurchase aims to optimize shareholder value under the Disclosure and Transparency Rules.
On October 14, 2021, Ferguson PLC granted conditional share awards to its Executive Directors and Persons Discharging Managerial Responsibilities (PDMRs) under the Ferguson Group Long Term Incentive Plan 2019 and other share plans. Notable awards included 28,719 shares to Kevin Murphy and 11,449 to William Brundage. Ten additional PDMRs received awards ranging from 3,180 to 9,504 shares. These awards, contingent upon continued employment and performance metrics over three years, are set to vest on October 14, 2024. The information complies with EU Market Abuse regulations.
Ferguson plc announced the purchase of 40,000 ordinary shares at £105.164879 each on October 15, 2021, under its $1 billion share repurchase program initiated on September 28, 2021. This transaction brings the total number of shares held in Treasury to 10,346,551, with 221,824,631 ordinary shares remaining in issue. Shareholders can utilize this figure for interest notifications as per the Disclosure and Transparency Rules.
Ferguson plc announced on October 15, 2021, that Non-Executive Directors Suzanne Wood and Brian May have made initial notifications of their purchase of shares in the company. Wood bought 500 shares at $141.187 per share for a total of $70,593.50, while May purchased 750 shares at £103.80 each, totaling £77,850.00. These transactions were reported under the EU Market Abuse Regulation, ensuring compliance with legal requirements. The trades occurred on the New York Stock Exchange and London Stock Exchange.