Procter & Gamble Stock Purchase Program: From Computershare To Wells Fargo Shareowner Services

No, your direct stock purchase in Procter & Gamble stock (PG) didn’t disappear. After using Computershare as its stock transfer agent for the past three years, Procter & Gamble switched to Wells Fargo Shareowner Services on June 9th.

However, when Procter & Gamble commenced the switch last Friday, the shares just disappeared from the accounts of those that had been dripping through Computershare as if the position had vanished. The next day, a message appeared to great those logging into Computershare that Procter & Gamble was switching transfer agents to Wells Fargo Shareowner Services.

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