November 15, 2012 at 10:41 AM EST
P&G Boosts Share Buybacks, Plans To Cut 5,700 Jobs
Procter & Gamble (PG) is holding its analyst meeting in Cincinnati today, and is outlining plans to cut jobs and buy back more stock. The world’s largest consumer products maker said that its fiscal first-quarter cash results were ahead of plan, and thus upped its estimate for 2013 stock repurchases: It now expects to spend [...]
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