Ferguson plc: Share Repurchase Program
Ferguson plc (the "Company") announces that, in continuation of its $3.0 billion share repurchase program (the "Program"), it has entered into a non-discretionary arrangement with its broker Barclays Capital Inc. ("Barclays") commencing from March 15, 2024 and ending no later than June 13, 2024.
- Ferguson plc (the "Company") announces that, in continuation of its $3.0 billion share repurchase program (the "Program"), it has entered into a non-discretionary arrangement with its broker Barclays Capital Inc. ("Barclays") commencing from March 15, 2024 and ending no later than June 13, 2024.
- The maximum pecuniary amount allocated to this tranche of the Program is $220 million.
- Pursuant to such authority, the Company intends to continue purchasing shares under the Program.
- To the extent required, the Company may in the future use the repurchased shares to satisfy share awards.