Proctor & Gamble expanded it's beauty products segment by purchasing Nioxin Research Laboratories, a private maker of products for thinning hair, in a deal valued at under $300 million (details of the term were not announced).
Procter & Gamble announces plans to buy back approximately $5.5 billion in shares over the course of 2007.
Procter & Gamble announces that a jury awarded it $19.25 million after determining that some of P&G's partner distributors had spread false rumors about the company to advance their own business.