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 plc (formerly Wolseley plc) is a leading multinational distributor of plumbing and heating products, headquartered in Wokingham, England. With a strong presence in the United States, the company operates under the brand name Ferguson Enterprises in North America.
Ferguson primarily supplies products for plumbing, HVAC, and other building services, catering to markets like repair, maintenance, improvement, new construction, and civil infrastructure. It serves over 1 million customers and sources its extensive range of products from 37,000 suppliers.
The company engages its clientele through approximately 1,700 North American branches, telephone services, online platforms, and residential showrooms. In fiscal 2023, Ferguson reported nearly $30 billion in sales, with 95% of its revenue generated in the United States.
Recognized by Modern Distribution Management as North America's largest industrial and construction distributor, Ferguson has sold its UK business in 2021 to focus solely on the North American market.
Ferguson continues to achieve significant milestones and forge strategic partnerships, continuously enhancing its product offerings and market reach. The company's focus on customer-centric services and innovative solutions positions it as a key player in the industry.
Ferguson PLC reported transactions by several key managerial personnel, including Group Chief Executive Kevin Murphy and Group Chief Financial Officer William Brundage, as required by the EU Market Abuse Regulation. Each individual granted share options under the Ferguson Group Employee Share Purchase Plan 2019, with each transaction involving the purchase of ordinary shares priced at $106.8375. The transactions occurred on April 14, 2021, at the New York Stock Exchange, with a total volume per transaction of $8,012.25 for each executive.
Ferguson plc announced the repurchase of 53,249 ordinary shares for treasury at a price of £91.331212 on April 15, 2021, under its $400 million share repurchase program initiated on March 16, 2021. Following this transaction, the total treasury shares amount to 7,912,156, while the total shares in issue drops to 224,259,026. This information is crucial for shareholders for notifications under the Disclosure and Transparency Rules.
Ferguson plc (LSE:FERG, NYSE:FERG) announced the purchase of 40,000 ordinary shares as part of its $400 million share repurchase program, initiated on March 16, 2021. The shares were bought at £90.98 each on April 14, 2021. Following this transaction, Ferguson holds a total of 7,860,233 shares in treasury, with 224,310,949 ordinary shares remaining in circulation. This information serves as a basis for shareholders to calculate their interests under the Disclosure and Transparency Rules.
Ferguson plc (LSE:FERG)(NYSE:FERG) announced the repurchase of 70,000 ordinary shares at £92.10 each on April 13, 2021, as part of its $400 million share buyback program initiated on March 16, 2021. The shares are held in Treasury, increasing total held shares to 7,820,233. Following this transaction, the total number of ordinary shares in issue will be 224,350,949, which shareholders can use for interest notifications as per disclosure regulations.
Ferguson plc announced a share repurchase on April 12, 2021, buying back 50,000 ordinary shares at a price of £92.20 each as part of its $400 million share repurchase program initiated on March 16, 2021. After this transaction, Ferguson holds 7,750,233 shares in Treasury, with the total outstanding shares reduced to 224,420,949. This share buy-back will be accounted for under the EU Market Abuse Regulation as part of UK law.
Ferguson plc announced the repurchase of 30,000 ordinary shares at a price of £93.10 each, totaling approximately £2.79 million. This transaction, part of a $400 million share repurchase program initiated on March 16, 2021, occurred on April 9, 2021. After this purchase, Ferguson holds 7,700,233 shares in Treasury, with 224,470,949 shares remaining in circulation. This repurchase is in line with the company's strategy to enhance shareholder value and maintain a strong financial position.
Ferguson plc announced the repurchase of 50,000 ordinary shares at £92.149692 each on April 8, 2021, under its $400 million share repurchase program initiated on March 16, 2021. Following this transaction, Ferguson holds 7,670,233 shares in Treasury, with 224,500,949 ordinary shares remaining in circulation. This reduction in outstanding shares may affect shareholder calculations under the Disclosure and Transparency Rules.
Ferguson plc announced on April 7, 2021, the repurchase of 33,984 ordinary shares at a price of £91.224647 each, totaling a portion of its $400 million share repurchase program initiated on March 16, 2021. Following this transaction, Ferguson holds 7,620,233 shares in Treasury, with a total of 224,550,949 ordinary shares remaining in circulation. This buyback aims to enhance shareholder value and will serve as a basis for interest notifications under Disclosure and Transparency Rules.
Ferguson plc (LSE:FERG)(NYSE:FERG) announced the repurchase of 30,000 ordinary shares at £90.04 each on April 6, 2021, as part of a $400 million share repurchase program initiated on March 16, 2021. The company now holds a total of 7,586,249 shares in treasury, with 224,584,933 ordinary shares remaining in circulation. The repurchased shares will be held in treasury. This transaction complies with the Market Abuse Regulation, and details are attached to the announcement.
Ferguson plc announced the purchase of 37,157 ordinary shares of 10 pence each on April 1, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. The shares were bought at £88.741875 each through Barclays Capital Securities Limited. After this transaction, Ferguson holds a total of 7,556,249 shares in Treasury, with the total number of ordinary shares in circulation now at 224,614,933. This figure is crucial for shareholders for compliance with the Disclosure and Transparency Rules.
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