Kimberly-Clark de México, S. A. B. de C. V. (BMV:KIMBER A) announces an Equity Buyback for MXN 1,000 million worth of its shares.
March 01, 2017
Share
Kimberly-Clark de México, S. A. B. de C. V. (BMV:KIMBER A) commences share repurchases on March 2, 2017 under the program mandated by the shareholders in the Ordinary Shareholders Meeting held on March 2, 2017. As per the mandate, the company is authorized to repurchase up to MXN 1,000 million worth of its shares. The repurchase program is valid for the fiscal year 2017.
Kimberly-Clark de Mexico SAB de CV is a Mexico-based company is engaged in the manufacture of personal care products. Its activities are divided into three segments: Consumer products, Professional and healthcare, as well as Export. The Consumer products division focuses on the manufacture and distribution of disposable products for daily use, such as diapers, feminine pads, incontinence care products, kitchen towels, napkins and wet wipes; baby and child care products, such as baby wipes, shampoos, lotions and feeding products, and home products, such as antibacterial gels, food wraps and bar soaps. Its brand names portfolio includes Huggies, KleenBebe, Kleenex, Kimlark, Petalo, Cottonelle, Depend, Kotex and Evenflo, among others. The Professional and healthcare division offers personal care products to commercial customers, including managers of hotels, restaurants, offices and hospitals. The Export division is responsible for the international trade, mainly in the United States.
KIMBERLY-CLARK DE MÉXICO, S. A. B. DE C. V. 
