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    Business
  3. Study Set
    Financial Accounting for MBAs
  4. Exam
    Exam 8: Stock Transactions, Dividends, and EPS
  5. Question
    Kimberly-Clark Recently Repurchased 6
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Kimberly-Clark Recently Repurchased 6

Question 21

Question 21

True/False

Kimberly-Clark recently repurchased 6.198 million shares of common stock at a cost of $778 million. One plausible reason for this is that the company feels that its stock is overvalued at the current market price.

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