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 on June 22, 2021, the repurchase of 26,099 ordinary shares at a price of £98.795050 each as part of its $400 million share repurchase program initiated on March 16, 2021. The company plans to hold these shares in Treasury, increasing its total Treasury shares to 9,271,676. Post-transaction, the total shares in issue will be 222,899,506, serving as a benchmark for shareholder notifications under the Disclosure and Transparency Rules.
Ferguson plc announced the repurchase of 33,356 ordinary shares at a price of £97.65 each on June 21, 2021, as part of its ongoing $400 million share repurchase program initiated on March 16, 2021. With this transaction, the company now holds a total of 9,245,577 shares in treasury, reducing the total number of ordinary shares in issue to 222,925,605. This information is crucial for shareholders, as it affects the calculations for interest notifications under the Disclosure and Transparency Rules.
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.
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