Procter & Gamble sees FY25 capital spending 4%-5% of FY25 net sales

P&G continues to expect adjusted free cash flow productivity of 90% and expects to pay around $10B in dividends and to repurchase $6B-$7B of common shares in fiscal 2025. P&G continues to expect a core effective tax rate to be in the range of 20%-21% in fiscal 2025.