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PG Procter and Gamble Co

160.54
0.00 (0.00%)
Pre Market
Last Updated: 09:01:04
Delayed by 15 minutes
Share Name Share Symbol Market Type
Procter and Gamble Co NYSE:PG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 160.54 0 09:01:04

Procter & Gamble CEO Enters Stock-Trading Plan

21/11/2014 10:07pm

Dow Jones News


Procter and Gamble (NYSE:PG)
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   By Josh Beckerman 
 

Procter & Gamble Co. Chairman and Chief Executive A.G. Lafley has entered a pre-arranged stock-trading plan that will allow him to sell shares resulting from the exercise of options granted in 2006.

The plan covers options for 430,441 shares. Sales may begin in January and the plan will terminate when the options expire in February 2016.

Procter & Gamble shares closed Friday at $88.60, up 13 cents.

Chief Executive A.G. Lafley replaced CEO Bob McDonald last year after activist investor William Ackman pushed for change at the company. Mr. Lafley previously had run P&G from 2000 to 2009.

Earlier this month, P&G announced a deal to sell battery maker Duracell to Warren Buffett's Berkshire Hathaway Inc. In an unusual structure, Berkshire will pay P&G with about $4.7 billion of P&G's own stock, while P&G will inject about $1.8 billion in cash into Duracell.

Write to Josh Beckerman at josh.beckerman@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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