Colgate-palmolive Company Stock News

Despite raw material cost inflation, Colgate's (CL) robust innovation and expansion plans are likely to drive growth in the long term.

Despite raw material cost inflation, Colgate's (CL) robust innovation and expansion plans are likely to drive growth in the long term.

Colgate share price: Shares of Colgate-Palmolive (India) gained as much as 2 percent on Friday after the FMCG player announced that Prabha Narasimhan, a former Hindustan Unilever (HUL) executive, has been appointed the new CEO and MD of Colgate as Ram Raghavan moves to take over a role at the parent company.However, the stock was unable to sustain initial gains and slipped into the red. Check out what the brokerage firms say -

A total of 36,474 shares changed hands on the counter till 12:58PM (IST)

Research firm JPMorgan has kept a neutral rating on Colgate-Palmolive with a target at Rs 1,580 per share.

Stocks In the News: Check out the companies making headlines before the opening bell

Colgate-Palmolive (CL) announced a new share repurchase program of up to $5B.This program replaces CL''s previous $5B share repurchase program authorized in 2018.CL will commence…

Colgate-Palmolive (NYSE:CL) declares $0.47/share annual dividend, 4.4% increase from prior dividend of $0.45.Forward yield 0.64%Payable May 13; for shareholders of record April 21;…

Colgate Palmolive has decided to appoint Prabha Narasimhan, a former Hindustan Unilever (HUL) executive, as chief executive officer (CEO).

The firm said the nomination and remuneration committee of the Board of Directors approved that effective 16 April, 2022, Ram Raghavan has been promoted to president, enterprise oral care, for Colgate Palmolive Company

With effect from 15 April 2022

The stock traded at a P/E multiple of 37.86, while the price-to-book value ratio stood at 36.38.

Colgate-Palmolive's (CL) Management on 11th Annual UBS Global Consumer and Retail Conference - Transcript

Colgate: An Everyday Product, An Everyday Portfolio Holding