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Ferguson PLC Advances Stock Buyback Program

Ferguson PLC Advances Stock Buyback Program

Ferguson PLC (FERG) has released an update.

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Ferguson PLC has actively executed its share repurchase strategy by acquiring 58,527 of its common stock as part of its $4.0 billion buyback program, spanning from August 19 to August 23, 2024. These shares are to be held in treasury, reducing the number of shares in circulation to 201,113,107, which shareholders can use as a reference for notification requirements. The company continues to demonstrate its commitment to returning value to its shareholders through these repurchases.

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

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