As stated in the company’s press release, trading of its shares on the NYSE will stop on 29 May. As of May 30, stocks of Kimberly-Clark will be available for trading on Nasdaq.
The organization refers to this choice as ‘voluntary’, yet does not clarify its context.
Kimberly-Clark, a global company established over 150 years ago, produces health, personal, professional, and industrial hygiene items. Its most recognized brands include Huggies, Kleenex, Kotex, and Pull-Ups, allowing it to sustain a dominant position in the paper hygiene products industry across 70 countries.
source: bloomberg.com
