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Ferguson PLC Advances Share Buyback Initiative

Ferguson PLC Advances Share Buyback Initiative

Ferguson PLC (FERG) has released an update.

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Ferguson PLC has announced the repurchase of 104,213 common stock shares as a part of its $4.0 billion share buyback program, executed between September 3 and September 6, 2024. These shares are to be held in treasury, with the post-purchase treasury holding totaling 394,206 shares and the remaining issued common stock shares standing at 200,949,047. This repurchase activity could be relevant for shareholders to assess their stake in the company.

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

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