tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ferguson PLC Proceeds with Multi-Billion Share Buyback

Ferguson PLC Proceeds with Multi-Billion Share Buyback

Ferguson PLC (FERG) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1