CINCINNATI--(BUSINESS WIRE)--Oct 9, 2018--The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared a quarterly dividend of $0.7172 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after November 15, 2018 to Common Stock shareholders of record at the close of business on October 19, 2018, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareholders of record at the start of business on October 19, 2018.
Read MoreA letter to the president from members of Congress asks for protection against the DOL's practice of "regulation through litigation."
Read MoreAstro Machine Works has been a staple in the Lancaster County economy since 1984 and continues to be an industry leader in custom machining and fabrication. Located in Ephrata the company has expanded to over 100 employees during their 34 years in business and almost quadrupled their sales from 2006 to 2017 to just under $26 million.
Read MorePresident Donald Trump this week received a letter from 27 influential members of the House of Representatives, urging him to rein in overzealous and unfair enforcement of regulations that apply to ESOP companies.
Read MoreA significant split among circuit courts on this issue remains unresolved.
Read MoreWalmart-backed Flipkart will offer its employees an opportunity to cash in on part of their stockholding in the company at $126-128 per share, according to an e-mail to staff.
Read MoreWhen the owners of Mountainland Supply in Orem, Utah, were ready to get liquidity for their ownership, they could have sold to an outsider.
Read MoreSummit, NJ: Pilot Hill Advisors LLC is pleased to announce the newly formed Employee Stock Ownership Plan (ESOP) of Wright Architectural Millwork Corp. recently acquired 100% of the company's shares.
Read MoreReliance Trust Co. Inc. has agreed to a $4.5 million deal to settle claims from the U.S. Department of Labor that it breached the Employee Retirement Income Security Act when it caused Tobacco Rag Processors Inc. workers to pay too much for shares of the company's stock in 2011.
Read MoreAfter more than 40 years in business, California's Sun Light & Power announced the implementation of an Employee Stock Ownership Plan (ESOP) giving 100% ownership to the company's 80+ employees.
Read MoreIn the past few years, Mark Barnes and wife, Perri, were excited to prepare for their retirement from the lawn care and snow removal business, Barnes Inc., that they founded in 1981. But there was one thing that worried them: What would happen to their 145 employees — 175 during winter months — after they stepped down?
Read MoreDE SMET, S.D., Aug. 21, 2018 /PRNewswire/ -- Legend Seeds proudly announces its transition from a family-owned independent regional seed leader, to an employee-owned independent regional seed leader through an Employee Stock Ownership Plan (ESOP) as of August 1, 2018.
Read MoreBETHEL, Conn., Aug. 15, 2018 /PRNewswire/ -- BranchServ, a Division of Custom Vault Corporation, announced that revenues in the first half of 2018 were its strongest to date, topping several years of successive double-digit growth. Strong successes in its service business have complemented stellar security and automation equipment sales to drive performance.
Read MoreAmong other things, the Main Street Employee Ownership Act focuses on increasing the role of the Small Business Administration (SBA) in facilitating ESOPs by allowing the SBA to make loans to companies that they can then reloan to ESOPs.A bill that will make it easier for companies to establish an employee stock ownership plan (ESOP) was signed into law by President Donald Trump.
Read MoreSundt Construction, Inc. (www.sundt.com) ranks No. 68 on the National Center for Employee Ownership's Top 100 largest majority employee-owned company list.
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As retirement neared, Butler and Till chose to protect their company culture with an ESOP
Read MoreThe gap in wealth in the United States between the ultrawealthy and everyone else has reached its widest point in decades. One way to narrow the divide is through the use of worker buyouts, in which ownership of a company transfers from a single person or a small number of people to the workers of the company.
Read MoreMILWAUKIE, ORE. — After 40 years, Bob's Red Mill Natural Foods will have a new chief executive.
Read MoreOrem–Mountainland Supply Company & Contractors Heating & Cooling Supply formed an Employee Stock Ownership Plan (ESOP). This transaction strengthened Mountainland Supply and Contractors Supply position in the marketplace to support the growing demand of their intermountain customer base. The transaction includes a fully funded ESOP program for over 400 employees that currently occupy 20 locations throughout Utah and now Wyoming.
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