Procter & Gamble To Pay $8 Million Settlement After Lawsuit For Selling Cancer-Causing Products – South Arkansas Sun

The Procter & Gamble consumer goods corporation has agreed to pay $8 million to settle a lawsuit filed against them. According to the lawsuit, the company has sold products with a known carcinogen called benzene from November 4, 2015 until December 31, 2021. Benzene is a known flammable liquid that can cause cancer when taken in large amounts.

Source: Procter & Gamble To Pay $8 Million Settlement After Lawsuit For Selling Cancer-Causing Products – South Arkansas Sun

AZ Big Media Procter & Gamble will bring $500M facility, 500 new jobs to Coolidge – AZ Big Media

The Arizona Commerce Authority announced today that Procter & Gamble (P&G), a global consumer goods leader with a diverse portfolio of trusted, quality brands, plans to build a new manufacturing facility in Coolidge, Arizona. The facility will support P&G’s fabric care portfolio, which includes products such as Tide PODS®, Downy Unstopables® and Bounce® Dryer Sheets. The new facility is expected to be operational by 2025, creating approximately 500 new jobs.

Source: AZ Big Media Procter & Gamble will bring $500M facility, 500 new jobs to Coolidge – AZ Big Media

The Procter & Gamble Company (NYSE:PG) Shares Sold

In related news, CEO Ma. Fatima Francisco sold 18,000 shares of the firm’s stock in a transaction dated Thursday, April 21st. The stock was sold at an average price of $164.10, for a total transaction of $2,953,800.00. Following the completion of the sale, the chief executive officer now directly owns 7,020 shares of the company’s stock, valued at approximately $1,151,982. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman David S. Taylor sold 60,000 shares of the stock in a transaction dated Thursday, April 21st. The stock was sold at an average price of $164.52, for a total transaction of $9,871,200.00. Following the transaction, the chairman now directly owns 253,933 shares of the company’s stock, valued at approximately $41,777,057.16. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 108,415 shares of company stock valued at $17,777,055. 0.51% of the stock is owned by company insiders.

Source: The Procter & Gamble Company (NYSE:PG) Shares Sold by Griffin Asset Management Inc. – ETF Daily News