Item 4. Controls and Procedures
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Item 4. Controls and Procedures
As of June 30, 2025, an evaluation was performed under the supervision and with the participation of management, including the Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based on that evaluation, management, including the Chief Executive Officer and Chief Financial Officer, concluded that our disclosure controls and procedures were effective as of June 30, 2025. There were no changes in our internal control over financial reporting during the quarter covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
PART II OTHER INFORMATION
Item 1. Legal Proceedings
See Part I, Item 1, Note 10 to the Unaudited Interim Condensed Consolidated Financial Statements, which is incorporated in this Item 1 by reference.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
We repurchase shares of Kimberly-Clark common stock from time to time pursuant to publicly announced share repurchase programs. All our share repurchases during the three months ended June 30, 2025 were made through a broker in the open market.
The following table contains information for shares repurchased during the three months ended June 30, 2025. None of the shares in this table were repurchased directly from any of our officers or directors.
| Period | Total Number of Shares Purchased**(a)** | Average Price Paid Per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Maximum Number of Shares That May Yet Be Purchased Under the Plans or Programs**(a)** | ||||||||||||||||||||||
| April 1 to April 30 | 135,211 | $ | 138.42 | 8,722,567 | 31,277,433 | |||||||||||||||||||||
| May 1 to May 31 | — | — | 8,722,567 | 31,277,433 | ||||||||||||||||||||||
| June 1 to June 30 | 322,680 | 130.14 | 9,045,247 | 30,954,753 | ||||||||||||||||||||||
| Total | 457,891 |
(a)Share repurchases were made pursuant to a share repurchase program authorized by our Board of Directors on January 22, 2021 (the "2021 Program"). The 2021 Program allows for the repurchase of 40 million shares in an amount not to exceed $5 billion.
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