StockMarketWire.com - Plumbing and heating products group Ferguson got its $500m share buy-back programme underway today.

The company announced that it had instructed its broker Barclays to purchase its shares for immediate on-sale to the company up to the value of US$500m in aggregate, commencing from 11 June 2019.

The buy-back programme was announced a day earlier, when the company reported its fiscal third quarter results.




Story provided by StockMarketWire.com