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 (LSE:FERG, NYSE:FERG) announced the termination of its American Depositary Receipt (ADR) program on March 8, 2021, transitioning to a full listing of ordinary shares on the NYSE. This mandatory exchange involved converting 18,952 ADSs into 1,895 ordinary shares at a 10:1 ratio, among other PDMRs exchanging varying amounts of ADSs for ordinary shares. No consideration was involved in these exchanges. The notification complies with EU Market Abuse Regulation, detailing the transactions of key managerial personnel including the Group CEO and CFO.
Ferguson plc announces the effective Additional US Listing of its ordinary shares on the New York Stock Exchange (NYSE) from 09:00 am (Eastern) today. This move, following the disposal of Wolseley UK, ensures that 100% of revenues are derived from North America. Ferguson retains its premium listing on the London Stock Exchange and the FTSE 100 index. The ADR program by J.P. Morgan has been terminated, and existing ADSs will be exchanged for ordinary shares. The Board plans a future shareholder vote to change the primary listing to the US.