Procter & Gamble to increase expected repurchase outlook to $4B-$6B P&G will increase its expected share repurchase outlook to $4 billion to $6 billion from its previous forecast of $4 billion. The Company will note that if cash results remain ahead of plan, as they were in its fiscal first quarter, there is an upside potential of $6 billion in share repurchase for the fiscal year.
Procter & Gamble: There is no doubt we are in a stretch of global volatility The company said there is a high amount of volatility both politically and economically. The company said it is "trying its best" and that they're "on it."
Procter & Gamble sees significant savings opportunities The company plans to create a new P&G over the next 18-24 months that will consist of 70-80 brands organized in a dozen businesses. The company plans to reduce waste, and to have a North Aerican supply chain redesign that will see fewer, multi-category plants and more common manufacturing platforms. Comments taken from P&G Annual Meeting of Shareholders.