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Thursday, Feb 21
Tidbits from Procter & Gamble's (PG -0.6%) presentation at the Consumer Analyst Group of New...
Tidbits from Procter & Gamble's (PG -0.6%) presentation at the Consumer Analyst Group of New York Conference: 1) The FY13 "All-In" sales growth projection of 1%-2% includes an organic sales growth expectation of 3% to 4% and a -2% impact from foreign exchange. 2) The company sees FY13 share repurchases of between $5B-$6B and paying out more than $6B in dividends. 3) Naturally, China and India are a focus. Increased distribution in those regions has improved household penetration, according to execs. 4) The company will stay full-speed ahead, anticipating no pullback in marketing spending for emerging markets. (webcast, CAGNY handouts)