Ferguson PLC (FERG) has released an update.
Ferguson Enterprises Inc. has reported the acquisition of 60,300 shares as part of its $4 billion share repurchase program, spanning from August 26 to August 30, 2024. These shares will be retained in treasury, with the post-purchase outstanding common stock totaling 201,053,151 shares. This buyback activity is part of the company’s capital allocation strategy and the share count is pertinent for shareholders calculating their percentage holdings.
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