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 a share repurchase of 40,000 ordinary shares on April 19, 2021, at a price of £93.28 per share. This transaction is part of its ongoing $400 million share repurchase program initiated on March 16, 2021. Following this buyback, Ferguson holds a total of 7,968,177 shares in Treasury, with remaining ordinary shares in issue totaling 224,203,005. These figures will guide shareholders in determining notification obligations under the Disclosure and Transparency Rules.
Ferguson plc announced the purchase of 16,021 ordinary shares at £92.78 each on April 16, 2021, as part of its $400 million share repurchase program initiated on March 16, 2021. This purchase increases the total shares held in treasury to 7,928,177, leaving 224,243,005 shares in circulation. This transaction aligns with Ferguson's strategy to enhance shareholder value through share buybacks, providing a clear denominator for shareholder interest calculations under the Disclosure and Transparency Rules.
Ferguson plc has appointed Kelly Baker as a Non-Executive Director effective May 1, 2021. Baker brings extensive HR and operational experience from her roles at Pentair plc and Patterson Companies Inc., among others. Geoff Drabble, Chairman of Ferguson, expressed confidence in Baker's ability to contribute valuable insights to the board. Ferguson operates primarily in North America, providing plumbing and heating products with reported revenue of $19.9 billion and an underlying profit of $1.6 billion for the year ending July 31, 2020.
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.
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