06:10 AM EDT, 08/01/2024 (MT Newswires) -- Ferguson (FERG) said Thursday that it has completed the planned transition of its corporate structure and the transfer of its domicile to US.

Pursuant to the move, Ferguson Enterprises Inc will now be the parent company of Ferguson plc ( FERG ) group, which has been re-registered as a private company.

Ferguson plc ( FERG ) shares will cease trading on both the London Stock Exchange and the New York Stock Exchange, while Ferguson Enterprises Inc's common shares will start trading on both exchanges under the same ticker symbol "FERG".