COB, President & CEO of The Procter & Gamble Company Bob A. McDonald Sold 131,521 Shares
COB, President and CEO of The Procter & Gamble Company (PG) Bob A. McDonald sold 131,521 shares on Aug. 14, 2012, at an average price of $66.61. The total transaction amount is $8,760,614.
Bob McDonald became the CEO of The Procter & Gamble Company on July 2009. Currently, he is the chairman of the board, CEO, and president of the company.
On April 30, 2012, Bob A. McDonald bought 1,205 shares of PG stock at the average price of $63.55. Other directors and officers of the company have also sold shares of PG stock.
Two GuruFocus Gurus, Bill Ackman and Brian Rogers, initiated their position in the company. Bill Ackman bought 21,916,208 shares and Brian Rogers bought 1,000,000 shares in the quarter ended June 30,2012. Ken Fisher, PRIMECAP Management, Donald Yacktman, and John Hussman increased their position in the Procter & Gamble Company during the same quarter. Eight GuruFocus Gurus left their position in the Company unchanged. In the quarter ended June 30, 2012, John Burbank sold out his holdings.
Net sales were $20.2 billion and net income was $3.7 billion for the Procter & Gamble Company fourth quarter 2012 results.