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Ferguson plc Executes Share Buyback Strategy

Ferguson plc Executes Share Buyback Strategy

Ferguson plc (GB:FERG) has released an update.

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Ferguson plc has announced the repurchase of 50,193 of its ordinary shares as part of its $3.0 billion share buyback program, with the transactions occurring between May 6 and May 10, 2024. These shares will be held in treasury, bringing the total number to 30,069,400, while the remaining shares in issue now stand at 202,101,782. This move could influence shareholders’ notification obligations under the Disclosure Guidance and Transparency Rules.

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

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