Tag Archives: KMB

Sailing Alone! Kimberly-Clark Completes Spinoff Of Halyard Health

Kimberly-Clark (KMB) officially completed the spinoff of its health care business, Halyard Health (HYH). The new company began trading ‘regular way’ on the NYSE today under the ticker ‘HYH’ and Kimberly-Clark shareholders as of the date of record should have received 1 HYH share for every 8 KMB shares owned. While the parent company’s press release was pretty muted,… Read More »

Upcoming Spinoffs Including Kimberly-Clark’s Halyard Health And Agilent’s Keysight Technologies Are Set To Join S&P Midcap 400

The end of the month is jam packed with spinoffs which means that the major indices will be making some changes as well. In this case, two S&P 500 companies, Agilent (A) and Kimberly-Clark (KMB), are spinning off units which will join the S&P Midcap 400: Keysight Technologies Inc. (NYSE:KEYSwi) will replace Universal Corp. (NYSE:UVV) in the S&P… Read More »

Hold On To That Kleenex – Kimberly-Clark To Spin Off Health Care Business

If Kimberly-Clark (KMB) ever misses its health care division in the midst of its breakup, it will still have lots of Kleenex to cry into. The manufacturer of Huggies diapers announced last week that it planned to spin off its health care division to shareholders. Like many of the companies we discuss, Kimberly-Clark is something of a serial… Read More »