HBW Insight is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

In Brief: P&G stock buyback

This article was originally published in The Rose Sheet

Executive Summary

P&G stock buyback: Procter & Gamble plans to repurchase up to 11 mil. shares of its outstanding common stock, with a total value of $1 bil., during FY 1996-1997. The company noted that this plan is in addition to the annual repurchasing program of 4-5 mil. common shares announced in 1995 ("The Rose Sheet" April 3, 1995, In Brief). P&G explained that its "strong cash position and modest level of acquisition activity" during 1995-1996 are allowing it to initiate the buyback program. In commenting on the repurchase, the company said it is "committed to delivering superior total shareholder return through investments in [its] existing business, through targeted strategic acquisitions and through investing in [its] common stock"...
Advertisement
Advertisement
UsernamePublicRestriction

Register

RS002991

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel