Ferguson PLC Advances Stock Buy-Back Program

Ferguson PLC (FERG) has released an update.

Ferguson Enterprises Inc. has actively bought back 94,742 shares as part of its $4.0 billion share repurchase program, a move that holds potential interest for shareholders tracking the company’s stock market activities. These shares will be retained in the company’s treasury, affecting the total number of shares in circulation, which now stands at 200,686,480. This buy-back activity is likely to influence shareholder positions and market perceptions of the company’s value.

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