Procter & Gamble Company - PG STOCK NEWS

Pampers has launched the Bright Beginnings Reading initiative to promote literacy for children under three. Research indicates early reading boosts vocabulary and cognitive skills, yet 45% of parents think reading should start at age two. In collaboration with Scholastic, Pampers aims to distribute 300,000 books in communities with low kindergarten readiness, specifically targeting Detroit, Laredo, and Jacksonville. The initiative also partners with hospitals and the March of Dimes to provide resources and raise awareness about the significance of early reading for child development.

Febreze launched the campaign "Say Up to Your Pup" on February 14, inviting dog owners to let their pets on furniture without worrying about odors. Febreze Fabric Refresher helps eliminate dog smells, making it easier for owners to cuddle with their pets. Partnering with Karamo from Queer Eye and North Shore Animal League America, Febreze will donate $25 for every social media post using #SayUpWithFebreze, up to $25,000, to support dog adoption. Febreze Fabric Refresher is available for $4.49, enhancing home cleanliness and comfort for pet owners.

The Procter & Gamble Company (NYSE:PG) has initiated a debt tender offer to acquire up to $1.5 billion in cash for specific debt securities. The tender offer includes various debentures and notes, with different acceptance priority levels and early tender premiums. The offer will expire on November 9, 2020, unless extended. Notably, tendered securities before the early deadline will receive an early tender premium, while those submitted later will not. The offer is contingent on financing conditions. Citigroup, Deutsche Bank, and Goldman Sachs act as dealer managers.

The Procter & Gamble Company (NYSE: PG) has declared a quarterly dividend of $0.7907 per share on both Common Stock and Series A/B ESOP Convertible Class A Preferred Stock. The dividend will be payable on or after November 16, 2020, to shareholders of record as of the close of business on October 23, 2020. P&G has maintained its dividend for 130 years and has increased it for 64 consecutive years, showcasing the company’s stability and commitment to returning value to shareholders.

Old Spice has launched a 10-year initiative aimed at increasing high school graduation rates by 10% through confidence and empowerment programs for 100,000 boys in underserved areas. The project partners with the film company Never Whisper Justice to enhance educational opportunities via the Frontlines of Justice platform, addressing social and educational justice themes. Executive produced by Malcolm Jenkins, the initiative includes virtual engagements with NFL players to foster student motivation and awareness. Old Spice is committed to supporting young men’s development and addressing racial inequities through meaningful partnerships.

Microban 24's recent survey reveals that 91% of parents with school-aged children believe family education on bacteria prevention leads to healthier homes. With the school year underway, 82% of parents prioritize teaching their children about bacteria. To facilitate this, Microban 24 has launched the 24-Hour Science Experiment, an engaging educational tool developed with experts that includes experiments and activities for all ages. Given rising health concerns, 80% of parents will enhance their sanitization routines this year, relying on Microban 24 for long-lasting protection against bacteria on surfaces.

The Procter & Gamble Company (NYSE:PG) will host a webcast discussing its first quarter earnings on Tuesday, October 20, 2020, starting at 8:30 a.m. ET. Investors and media can access the live audio webcast through www.pginvestor.com, with a replay available afterward. P&G is renowned for its extensive range of trusted brands, including Tide®, Pampers®, and Gillette®. The company operates in approximately 70 countries, continuing to maintain a strong presence in the consumer goods market.

Secret Deodorant has launched the #RaiseItUp initiative to support women impacted by COVID-19, which has significantly affected gender equality. With a donation of $1 million to equality programs in partnership with YWCA USA, the brand aims to provide essential assistance in childcare and career development. The initiative highlights alarming statistics indicating that women, particularly women of color, are disproportionately impacted by job losses during the pandemic. This effort includes a social media campaign encouraging women to share their stories and experiences.

P&G Professional has partnered with Lyft to enhance cleaning protocols for drivers through its Health Safety Program. The initiative includes recommending cleaning products like Spic and Span and Microban 24 Professional to help disinfect vehicles against COVID-19. This collaboration aims to provide a safer environment for both drivers and passengers. A recent survey revealed that 37% of respondents are extremely concerned about COVID-19, and 70% would choose businesses that use trusted cleaning brands.