Welcome to our dedicated page for Procter & Gamble Company news (Ticker: PG), a resource for investors and traders seeking the latest updates and insights on Procter & Gamble Company stock.
Procter & Gamble Company (NYSE: PG), headquartered in Cincinnati, Ohio, has established itself as a global leader in the consumer goods industry since its inception in 1837 by William Procter and James Gamble. The company stands as one of the world's largest producers of household and personal care products, generating over $80 billion in annual sales.
Procter & Gamble's diverse portfolio features some of the most trusted brands across various categories. The company's impressive lineup includes more than 20 brands that each generate over $1 billion annually in global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G’s strategic decision to focus on core consumer product lines led to selling its last food brand, Pringles, to Kellogg in 2012.
With a significant international presence, around 53% of Procter & Gamble's sales come from outside the United States. The company continues to invest in innovation and sustainability, ensuring its products meet the evolving needs of consumers. Recent achievements include advancements in product formulas, packaging innovations aimed at reducing environmental impact, and strategic partnerships enhancing their market reach.
Financially, Procter & Gamble remains robust, consistently delivering value to shareholders through dividends and share repurchases. The company's commitment to operational excellence and cost efficiency supports its strong financial performance and competitive edge in the market.
Procter & Gamble (NYSE: PG) announced the election of Rajesh Subramaniam, President and CEO of FedEx, to its Board of Directors during the 2022 Annual Meeting, receiving over 90% support from shareholders. The board now consists of 11 members, including 45% women and 45% multicultural individuals, showcasing strong diversity. Additionally, P&G declared a quarterly dividend of $0.9133 per share, payable on or after November 15, 2022, to shareholders of record by October 21, 2022. P&G has a long-standing record of 132 consecutive years of dividend payments and 66 consecutive years of increases.
Always has launched the first-ever team of “50 Period Heroes” to combat period poverty in the U.S., distributing over 3.5 million menstrual products. This initiative aims to support young people facing challenges in accessing period products, which can hinder their educational opportunities. The program, inspired by local efforts to address this issue, underscores a commitment to providing resources and raising awareness. Since 2018, Always has donated over 160 million products globally, signaling a broader initiative to tackle systemic challenges related to period poverty.
The Procter & Gamble Company (NYSE: PG) will hold its 2022 Annual Meeting of Shareholders virtually on October 11, 2022, at 12:00 p.m. Eastern Time. Jon R. Moeller, President and CEO, will lead the meeting, which can be accessed via a live webcast starting at 11:45 a.m. on the same day. Shareholders can access the meeting and related information through this link. The meeting's agenda includes shareholder votes, and details are available in P&G’s proxy statement.
Procter & Gamble (NYSE: PG) has deployed Tide Loads of Hope mobile laundry units to assist families affected by Hurricane Ian in southwest Florida. Starting October 4, these units will provide free laundry services and personal care kits at Walmart in North Fort Myers. Hurricane Ian, a Category 4 storm, devastated the region, leaving millions without power or clean water. Tide's initiative aims to support recovery efforts, reflecting the company's commitment to community aid as part of its Tide Ambition 2030 program, which seeks to expand its disaster relief efforts.
Tide, America’s top laundry detergent brand, has partnered with the NFL to encourage fans to wash their lucky jerseys this football season. A survey revealed that 73% of NFL fans believe their lucky jerseys help their team win, yet 52% keep how often they wash them a secret. Tide's campaign, featuring NFL stars like Davante Adams, incentivizes jersey washing with rewards such as autographed items and meet-and-greets. The contest runs from Sept. 15 to Oct. 23, 2022.
Febreze has teamed up with actress Garcelle Beauvais to introduce a new concept called Scent Styling, which combines fragrance with interior design. This innovative approach emphasizes how smell influences mental and physical wellbeing. Febreze AIR offers over thirty fragrance options to enhance home ambiance. Research indicates that pleasant scents can improve mood and relieve anxiety. The press release outlines a three-step process for integrating scents into home decor, ensuring that visual aesthetics align with olfactory experiences.
The Procter & Gamble Company (NYSE:PG) will host a webcast discussing its first quarter earnings results on October 19, 2022 at 8:30 a.m. ET. Investors and media can access the live audio webcast via www.pginvestor.com. A replay will also be available. P&G continues to serve consumers globally with a strong portfolio of trusted brands across approximately 70 countries. Stay updated with the latest news and information about P&G and its brands by visiting their official website.
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