Tranche Update on Kimberly-Clark de México, S. A. B. de C. V. (BMV:KIMBER A)'s Equity Buyback Plan announced on March 2, 2017.
January 18, 2018 at 11:45 am IST
Share
From April 21, 2017 to December 31, 2017, the company has repurchased 100,000 shares, representing 0.003242% for MXN 3.62 million. With this, the company has completed the repurchase of 3,141,564 shares, representing 0.1% for MXN 123.27 million under the buyback announced on March 2, 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.