Healthcare products maker Kimberly-Clark Corp (KMB) said Thursday its board 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.
In addition, the board declared a regular quarterly dividend of $0.84 per share.
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