Procter & Gamble Co T.PG

Primary Symbol: PG Alternate Symbol(s): N.PG

Consumer Defensive Household & Personal Products

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.

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Procter & Gamble Co

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Post by garred1961on Aug 21, 2014 5:39pm

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Post# 22867001

Why not?

If you had the option to buy a stock at $2.66 and the stock was trading above that price why wouldn't you exercise that option. 50,000 shares at $2.66 and you can sell it at $2.99, why would you throw $33k away.

It would be foolish to let that go. Yes it looks bad as an insider but maybe Drake couldn't absorb $133,000 and sit on the common shares. Maybe the triplets are heading off to Lakehead for the fall.

It would have been nice to see him at least leave the $33k in as a good jester.

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