NYSE:CLHousehold Products
Colgate-Palmolive (NYSE:CL) Announces US$5000 Million Buyback As Stock Stays Flat
Colgate-Palmolive (NYSE:CL) recently announced the authorization of a $5 billion share repurchase program, reflecting the company's effort to increase shareholder value. This development coincided with improved market sentiment, with the S&P 500 potentially breaking a four-week losing spell. Despite broader economic uncertainty highlighted by the Federal Reserve's steady interest rates, Colgate-Palmolive's stock rose 4.5% last month. This positive movement aligns with a general market upturn...