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Ferguson PLC Advances Share Buyback Initiative

Ferguson PLC Advances Share Buyback Initiative

Ferguson PLC (FERG) has released an update.

Ferguson PLC has actively executed its $4.0 billion share repurchase program, buying back 82,300 shares between August 5 and August 9, 2024. Post-purchase, the Company plans to hold the acquired shares in treasury, with the updated total number of shares in treasury reaching 103,719. This leaves a balance of 201,239,534 shares of common stock in issue for Ferguson PLC, a figure relevant for shareholders concerning disclosure and transparency rules.

For further insights into FERG stock, check out TipRanks’ Stock Analysis page.

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