OLI recorded this information on 11/13/2014
The board of directors of Kimberly-Clark Corporation (NYSE: KMB) today authorized a new share repurchase program for up to 40 million shares of common stock or $5 billion. The authorization augments the current 50 million share authorization from January 2011 that is expected to be completed in the first quarter of 2015.
Kimberly-Clark is principally engaged in the manufacturing and marketing of a range of products primarily made from natural or synthetic fibers using technologies in fibers, nonwovens and absorbency. Co. is organized into three operating segments: Personal Care, which provides solutions and products such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products; Consumer Tissue, which provides facial and bathroom tissue, paper towels, napkins and related products; and K-C Professional, which provides a range of solutions and supporting products such as wipers, tissue, towels, apparel, soaps and sanitizers.
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Buy (2.67 out of 4)
(ranked lower than approx. 76% of all stocks covered)
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