Ferguson PLC Advances Share Buyback Initiative

Ferguson PLC (FERG) has released an update.

Ferguson PLC has announced the repurchase of 132,312 of its ordinary shares as part of its $4.0 billion share buyback plan, executed between June 3 and June 6, 2024. The acquired shares will be held in treasury, and following the transaction, the total number of shares in treasury will be 30,363,223, leaving 201,807,959 ordinary shares in issue. Shareholders can use this latter figure as the denominator for calculating changes in their shareholding interest.

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

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