Procter & Gamble Company (PG) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Procter & Gamble Company faces a business risk with its aggressive share repurchase program, as disclosed in its recent financial statements. The company has been actively buying back shares, spending an average of $159.63 per share over the first quarter of 2024, which could strain its cash reserves or lead to increased debt. While such buybacks can signal confidence in the company’s future and support the share price, they also represent a substantial financial commitment. The decision to finance these repurchases through operating cash flows and potential debt issuance could impact Procter & Gamble’s financial flexibility and increase leverage, potentially affecting its long-term financial health.
Overall, Wall Street has a Moderate Buy consensus rating on PG stock based on 11 Buys and 5 Holds.
To learn more about Procter & Gamble Company’s risk factors, click here.