01—Abstract
Summary
Summary of the 8-K filed October 11, 2022. Cited figures are marked; the original filing is the authoritative source.
Procter & Gamble (PG) filed an 8-K on October 11, 2022, disclosing preliminary voting results from its Annual Meeting of Shareholders.
The key outcome was the election of all ten incumbent director nominees, along with Rajesh Subramaniam (CEO of FedEx Corporation), to the Company's Board of Directors. This indicates continued confidence in the current board's leadership and strategy by the shareholders. Furthermore, the filing announced the declaration of a quarterly dividend of $0.9133a per share.
This dividend is payable on or after November 15, 2022, to shareholders of record as of October 21, 2022. This regular dividend payment reinforces PG's commitment to returning value to its shareholders and maintaining its history of consistent dividend payouts.
02—Key points
Key Highlights
- Preliminary voting results confirm the election of all ten incumbent Director nominees to the Board.
- Rajesh Subramaniam, CEO of FedEx Corporation, was elected to the Board of Directors.
- The Board of Directors declared a quarterly dividend of $0.9133 per share.
- The dividend payment date is on or after November 15, 2022.
- The record date for the dividend payment is October 21, 2022.
- This filing serves as a Regulation FD disclosure, ensuring timely and broad dissemination of material information.
03—Questions
Frequently Asked Questions
What was the main purpose of this 8-K filing?
The main purpose of this 8-K filing was to disclose preliminary voting results from Procter & Gamble's Annual Meeting of Shareholders and to announce the declaration of a quarterly dividend.
Who was elected to the Board of Directors?
The preliminary voting results indicate that all ten incumbent Director nominees were elected, along with Rajesh Subramaniam, President and CEO of FedEx Corporation.
What is the amount of the next quarterly dividend and when will it be paid?
The Board of Directors declared a quarterly dividend of $0.9133 per share. This dividend is payable on or after November 15, 2022, to shareholders of record on October 21, 2022.
Does this filing include any financial statements?
No, this particular 8-K filing (dated October 11, 2022) does not include financial statements. It primarily contains information related to the Annual Meeting of Shareholders and the dividend declaration.
04—Continue