P&G Reports 2024 Shareholder Meeting Results, Notes Issued

Ticker: PG · Form: 8-K · Filed: 2024-10-10T00:00:00.000Z

Sentiment: neutral

Topics: shareholder-meeting, debt-issuance, notes

TL;DR

P&G held its annual meeting and issued a bunch of notes across different currencies and maturities.

AI Summary

Procter & Gamble Co. filed an 8-K on October 10, 2024, reporting the results of its 2024 annual shareholder meeting. The filing also details the issuance of various notes, including EUR 3.25% notes due 2026, GBP 6.250% notes due January 2030, and EUR 3.150% notes due 2028, among others.

Why It Matters

This filing provides an update on shareholder voting outcomes and details the company's ongoing debt financing activities through various note issuances.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of shareholder meeting results and debt issuance, with no immediate negative financial implications.

Key Numbers

Key Players & Entities

FAQ

What was the primary purpose of this 8-K filing?

The primary purpose was to report the results of Procter & Gamble Co.'s 2024 annual shareholder meeting and to disclose the issuance of various notes.

When was this 8-K filing submitted?

This 8-K filing was submitted on October 10, 2024.

What types of debt instruments were disclosed in the filing?

The filing discloses the issuance of various notes, including EUR notes and GBP notes with different coupon rates and maturity dates, such as EUR 3.25% notes due 2026 and GBP 6.250% notes due January 2030.

What is Procter & Gamble's SIC code?

Procter & Gamble's Standard Industrial Classification (SIC) code is 2840, which pertains to SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS.

Where is Procter & Gamble Co. headquartered?

Procter & Gamble Co. is headquartered in Cincinnati, Ohio, with its business and mail address listed as ONE PROCTER & GAMBLE PLAZA, CINCINNATI, OH 45202.

Filing Stats: 742 words · 3 min read · ~2 pages · Grade level 7.7 · Accepted 2024-10-10 16:27:24

Filing Documents

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders On October 8, 2024, The Procter & Gamble Company ("the Company"), held its 2024 Annual Meeting of Shareholders. Set forth below are the final voting results for each of the proposals submitted to a vote of the shareholders. Proposal 1 – Election of Directors. Each of the following nominees was elected to serve a one-year term on the Company's Board of Directors ("the Board"). Votes For Votes Against Abstentions Broker Non-Votes Allen, B. Marc 1,666,920,007 32,812,139 6,246,904 358,360,142 Biggs, Brett 1,688,855,504 10,809,990 6,313,556 358,360,142 Bonini, Sheila 1,674,099,556 25,996,306 5,883,188 358,360,142 Chang, Amy L. 1,676,371,416 24,182,083 5,425,551 358,360,142 Jimenez, Joseph 1,656,988,220 43,476,826 5,514,004 358,360,142 Kempczinski, Christopher 1,661,911,293 38,374,970 5,692,787 358,360,142 Lee, Debra L. 1,657,171,431 43,603,029 5,204,590 358,360,142 Lundgren, Terry J. 1,615,758,288 83,466,915 6,753,847 358,360,142 McCarthy, Christine M. 1,646,358,170 53,596,580 6,024,300 358,360,142 McEvoy, Ashley 1,686,077,655 14,131,637 5,769,758 358,360,142 Moeller, Jon R. 1,590,846,557 103,630,371 11,502,122 358,360,142 Portman, Robert J. 1,669,945,658 30,608,472 5,424,920 358,360,142 Subramaniam, Rajesh 1,675,792,625 23,762,353 6,424,072 358,360,142 Woertz, Patricia A. 1,633,635,189 66,327,008 6,016,853 358,360,142 Proposal 2- Ratify Appointment of the Independent Registered Public Accounting Firm. The proposal was approved. Votes For Votes Against Abstentions Broker Non-Votes 1,926,154,615 128,773,612 9,410,965 0 Proposal 3 - Advisory Vote to Approve the Company's Executive Compensation (the "Say on Pay" vote). The proposal was approved. Votes For Votes Against Abstentions Broker Non-Votes 1,534,591,770 158,298,304 13,088,976 358,360,142 Proposal 4 - Shareholder Proposal - Pay Gap R

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