Ferguson PLC Proceeds with Multi-Billion Share Buyback
Company Announcements

Ferguson PLC Proceeds with Multi-Billion Share Buyback

Ferguson PLC (FERG) has released an update.

Ferguson Enterprises Inc. has announced the repurchase of 67,900 shares as a part of its $4.0 billion share buyback program over the course of one week, from August 12 to August 16, 2024. These repurchased shares are to be held in treasury, with the post-purchase treasury share count reaching 171,619. With this activity, the number of outstanding shares of common stock now totals 201,171,634, a figure relevant for shareholders in determining their reporting obligations.

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

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