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Procter & Gamble | 11-K: Annual report of employee stock purchase, savings and similar plans (and amendment thereto)

SEC ·  Sep 24 04:04

Summary by Futu AI

Procter & Gamble Holding France S.A.S. has filed its annual report for the fiscal year ended June 30, 2024, with the United States Securities and Exchange Commission. The report includes audited financial statements for the Group Profit Sharing, Incentive and Employer Contribution Plan, which is available to eligible employees of P&G France. The financial statements, audited by Deloitte & Associés, present the net assets available for plan benefits, which increased from €213,583,915 in 2023 to €225,646,238 in 2024. The report details the plan's investment in Procter & Gamble Company common stock and other investments, with a notable decrease in unrealized appreciation of P&G common stock by €24,341,734. Despite this, the plan's total investments grew over the year, and the plan experienced a net...Show More
Procter & Gamble Holding France S.A.S. has filed its annual report for the fiscal year ended June 30, 2024, with the United States Securities and Exchange Commission. The report includes audited financial statements for the Group Profit Sharing, Incentive and Employer Contribution Plan, which is available to eligible employees of P&G France. The financial statements, audited by Deloitte & Associés, present the net assets available for plan benefits, which increased from €213,583,915 in 2023 to €225,646,238 in 2024. The report details the plan's investment in Procter & Gamble Company common stock and other investments, with a notable decrease in unrealized appreciation of P&G common stock by €24,341,734. Despite this, the plan's total investments grew over the year, and the plan experienced a net increase in assets after accounting for benefits paid to participants. The plan, established in 1990 and subject to French laws, allows employees to save and invest through various investment options, with immediate vesting for all contributions. The report confirms the plan's tax-exempt status under French law and notes related party transactions with Procter & Gamble Company common stock.

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