Bought back $948.0M of its own shares, 33.9× what it paid in stock
Dilution: new shares, stock pay and buybacks
Shares offered
Since Nov 12, 2023: 1 registration of shares for a merger, units or notes; also 1 debt shelf.
- Apr 18, 2024 Up to 203.1M shares for a merger, units or notes 424B3
Every offering filing →“(A DELAWARE CORPORATION) TO BE ISSUED IN A HOLDING COMPANY REORGANIZATION OF The board of directors (the “Ferguson Board”) of Ferguson plc, a public company limited by shares incorporated in Jersey, unanimously approved the merger (the “Merger”) of Ferguson (Jersey) 2 Limited (“Merger Sub”), a newly formed Jersey incorporated private limited company and direct, wholly owned subsidiary of Ferguson Enterprises Inc., a …”
424B3, Apr 18, 2024 ↗
Diluted shares: 199.20M in the year to Jul 31, 2025 2025 -2.1%2024 -1.8%2023 -5.3%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
Where the cash came from and where it went
FY2025, from the cash flow statement in the 10-K, added up.
Came from
| Operating cash flow | $1.9B |
| Debt raised | $4.6B |
Went to
| Capital spending | $305.0M |
| Acquisitions | $301.0M |
| Buybacks | $948.0M |
| Dividends | $489.0M |
| Debt repaid | $4.4B |
| Added to cash | $79.0M |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$7.0M |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Buybacks, dividends and share count
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-07-31 | $948.0M | $489.0M | $28.0M | - | 199.20M |
| 2024-07-31 | $634.0M | $784.0M | $49.0M | - | 203.50M |
| 2023-07-31 | $908.0M | $711.0M | $51.0M | - | 207.20M |
| 2022-07-31 | $1.5B | $538.0M | $57.0M | - | 218.90M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: buybacks = PaymentsForRepurchaseOfCommonStock; dividends = PaymentsOfDividends; sbc = ShareBasedCompensation; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.