Ferguson Enterprises Stock Price, News & Analysis

Ferguson plc (LSE:FERG, NYSE:FERG) announced on April 26, 2021, the repurchase of 27,426 ordinary shares at a price of £92.26 each under its $400 million share repurchase program initiated on March 16, 2021. The company now holds a total of 8,184,351 shares in Treasury. Following this transaction, the total number of ordinary shares in issue is 223,986,831. This information provides shareholders with a denominator for determining their interest under the Disclosure and Transparency Rules.

Ferguson PLC has announced an interim dividend of 72.9 US cents per share and a special dividend of 180.0 US cents per share, to be paid on May 11, 2021. Shareholders have the option to receive dividends in either US dollars or in pounds sterling, with an exchange rate set at 1.3888. For GBP recipients, the interim dividend amounts to 52.49 pence and the special dividend to 129.61 pence. The deadline for currency election was April 13, 2021, and eligible shareholders were registered by March 26, 2021.

Ferguson plc has announced the repurchase of 50,000 of its ordinary shares at a price of £92.82 per share on April 23, 2021. This transaction is part of its ongoing $400 million share buyback program initiated on March 16, 2021.

The company intends to hold these shares in Treasury, increasing its total Treasury shares to 8,156,925. Following this purchase, there will be 224,014,257 ordinary shares issued. This number will be used by shareholders for calculating notification obligations under Disclosure and Transparency Rules.

Ferguson plc has announced the repurchase of 30,000 ordinary shares at a price of £92.86 each, totaling approximately £2.78 million. This action is part of its $400 million share repurchase program initiated on March 16, 2021. Following this transaction, the company holds a total of 8,106,925 shares in treasury, with 224,064,257 ordinary shares remaining in circulation. This repurchase may serve to enhance shareholder value and reflects the company's strategy to optimize its capital structure.

Ferguson plc announced a share repurchase of 60,000 ordinary shares at a price of £92.12 each on April 21, 2021. This is part of a previously disclosed $400 million share repurchase program initiated on March 16, 2021. Following this transaction, Ferguson holds 8,078,177 shares in treasury, with the total ordinary shares outstanding reduced to 224,093,005. The purchase is conducted through Barclays Capital Securities Limited.

Ferguson plc announces a share repurchase of 50,000 ordinary shares at £92.08 each on April 20, 2021, as part of its $400 million program initiated on March 16, 2021. The company now holds a total of 8,018,177 shares in treasury, with 224,153,005 shares remaining in issue. This move allows shareholders to adjust their interest calculations under the Disclosure and Transparency Rules. The transaction was executed by Barclays Capital Securities Limited.

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.