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Procter & Gamble Company - PG STOCK NEWS

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.

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Secret introduces its innovative DERMA+ Antiperspirant, designed in collaboration with female dermatologists to offer clinical-level sweat and odor protection while conditioning the skin. Featuring ProVitamin B5 and DERMA-Shield, this formula addresses common issues like underarm irritation, redness, and discoloration. Available in four variants for $7.99, its unique squeeze tube packaging ensures easy application. Backed by research, this product meets the demands of 60% of women seeking skincare benefits in their antiperspirants.

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Procter & Gamble (NYSE:PG) has announced a $25 million initiative to provide one million connected devices to students lacking access to digital learning tools, a need heightened by the COVID-19 pandemic. This effort is spearheaded by the Take on Race Coalition, which includes partners like Dell, Intel, and Microsoft. The initiative aims to bridge the digital divide for communities of color and improve educational outcomes. Strategic partnerships with local organizations will facilitate distribution and support for students in several major cities.

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Jon R. Moeller, Vice Chairman and Chief Financial Officer of Procter & Gamble, will speak at the Consumer Analyst Group of New York Virtual Conference on February 18, 2021, at 9:20 a.m. ET. Investors can access the live audio webcast at www.pginvestor.com, starting at the scheduled time and available for replay afterward.

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Procter & Gamble Company (NYSE: PG) has appointed B. Marc Allen to its Board of Directors, effective February 10, 2021. Allen, currently Chief Strategy Officer at Boeing, brings extensive experience in corporate strategy, international operations, and government relations. His previous roles at Boeing include president of Embraer Partnership, Boeing International, and Boeing Capital Corporation. P&G Chairman David Taylor expressed enthusiasm for Allen's skills, which will enhance the board's expertise in key areas and support P&G's strategic goals moving forward.

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Health Canada has approved Microban 24 Sanitizing Spray (DIN 02490730) for killing SARS-CoV-2, the virus causing COVID-19, in just five minutes. This product is the second in its lineup, following Microban 24 Multi-Purpose Cleaner, which received approval last month. Besides combating COVID-19, it effectively kills 99.9% of cold and flu viruses and bacteria for up to 24 hours when used properly. Moses Ogbonnaya, P&G Canada leader, emphasizes the importance of this approval for consumer safety during the pandemic.

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Crest and Oral-B are committed to enhancing oral health in the U.S., focusing on underserved communities significantly affected by tooth decay. They aim to provide all Americans access to quality dental care and education. In 2020, they donated over $2.5 million in products and supported free dental check-ups, addressing the loss of 34 million school hours due to oral health issues. Their ongoing efforts include substantial investments in education for dental professionals and product innovations, promoting sustainable practices and a goal to educate 2 billion people on healthy oral care by 2030.

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Procter & Gamble's brands, Secret and Old Spice, are launching refillable antiperspirant cases and expanding their aluminum-free deodorants in 90% recycled paper tube packaging, starting February 2021. The refillable cases are designed to reduce plastic waste and offer a sustainable alternative without compromising sweat protection. The refill kit is priced at $10, with refills at $8, making it accessible for consumers. P&G aims to provide eco-friendly products that are both affordable and delightful to use, responding to increasing consumer demand for sustainable personal care products.

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Gillette launched Planet KIND, a new eco-friendly shaving and skincare brand, focusing on sustainability and skin-friendly products. The brand features recyclable packaging made from 85% recycled materials and a razor handle from 60% recycled plastic. For every product sold, 10 plastic bottles will be prevented from entering the ocean through a partnership with Plastic Bank, aiming to stop 10 million bottles in the first year. Products are available at Target stores and online, supporting Gillette's 2030 Sustainability Goals for 100% recyclable packaging.

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P&G’s Safeguard brand is partnering with the NFL for Super Bowl LV, expected to attract 22,000 fans in Tampa, Florida. P&G Professional will supply 35,000 2oz bottles of hand sanitizer for PPE bags and nearly 1,000 sanitization stations at the Super Bowl Experience. Safeguard's sanitizer contains 69.9% alcohol and is dermatologically endorsed. In addition to sanitization efforts, stadium cleaning staff will use Microban 24 to disinfect high-touch areas, proven effective against COVID-19 and other germs.

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P&G's Microban 24 launches the "Most Valuable Protector" program to honor sanitation workers who have kept environments safe during the COVID-19 pandemic. Partnering with NFL player Laurent Duvernay-Tardif, the initiative will recognize sanitation heroes with a VIP experience at NFL events. Microban 24 products, known for 24-hour bacteria protection, will be utilized at high-touch areas in Arrowhead Stadium during Super Bowl LV. The program aims to highlight the vital role of sanitation workers in maintaining public safety.

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FAQ

What is the current stock price of Procter & Gamble Company (PG)?

The current stock price of Procter & Gamble Company (PG) is $168.06 as of December 20, 2024.

What is the market cap of Procter & Gamble Company (PG)?

The market cap of Procter & Gamble Company (PG) is approximately 395.6B.

What products does Procter & Gamble manufacture?

Procter & Gamble manufactures a wide range of consumer goods including Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers.

Where is Procter & Gamble headquartered?

Procter & Gamble is headquartered in Cincinnati, Ohio, USA.

When was Procter & Gamble founded?

Procter & Gamble was founded in 1837 by William Procter and James Gamble.

What is the annual revenue of Procter & Gamble?

Procter & Gamble generates over $80 billion in annual sales.

What percentage of Procter & Gamble's sales come from outside the United States?

Around 53% of Procter & Gamble's sales come from outside the United States.

Which brands are part of Procter & Gamble's billion-dollar portfolio?

Procter & Gamble's billion-dollar brands include Tide, Charmin, Pantene, and Pampers, among others.

Why did Procter & Gamble sell Pringles?

Procter & Gamble sold Pringles to Kellogg in 2012 to focus on its core consumer product lines.

How does Procter & Gamble contribute to sustainability?

Procter & Gamble invests in product and packaging innovations aimed at reducing environmental impact and meeting the evolving needs of consumers.

What are some recent achievements of Procter & Gamble?

Recent achievements of Procter & Gamble include advancements in product formulas, packaging innovations for sustainability, and strategic partnerships enhancing market reach.

How does Procter & Gamble ensure financial stability?

Procter & Gamble ensures financial stability through operational excellence, cost efficiency, and consistent value delivery to shareholders via dividends and share repurchases.

Procter & Gamble Company

NYSE:PG

PG Rankings

PG Stock Data

395.60B
2.35B
0.05%
69.15%
0.75%
Household & Personal Products
Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics
Link
United States of America
CINCINNATI