Bought back $141.0M of its own shares, 1.0× what it paid in stock
Dilution: new shares, stock pay and buybacks
Shares offered
Since Nov 12, 2023: 1 registration of shares for a merger, units or notes, 1 shelf registration.
- Dec 16, 2025 Shares for a merger, units or notes 424B3
- Feb 13, 2025 Shelf registration: shares and other securities, amount not fixed S-3ASR
Every offering filing →“Dear Stockholders: Kimberly-Clark Corporation (which we refer to as “K-C”) and Kenvue Inc. (which we refer to as “Kenvue”) have entered into a merger agreement (which, as it may be further amended from time to time, we refer to as the “merger agreement”) providing for the acquisition of Kenvue by K-C pursuant to a merger between a wholly owned subsidiary of K-C and Kenvue (which we refer to as the “first merger”), …”
424B3, Dec 16, 2025 ↗
Diluted shares: 333.20M in the year to Dec 31, 2025 2025 -1.1%2024 -0.5%2023 +0.1%2022 -0.1%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
Where the cash came from and where it went
FY2023 to FY2025, from the cash flow statements in the 10-Ks, added up.
Came from
| Operating cash flow | $9.6B |
| Debt raised | $363.0M |
| Shares sold | $273.0M |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$531.0M |
Went to
| Capital spending | $2.6B |
| Buybacks | $1.4B |
| Dividends PaymentsOfDividends, 0000055785-24-000018; PaymentsOfDividendsCommonStock, 0001628280-26-007567 |
$4.9B |
| Debt repaid | $1.6B |
| Added to cash | $274.0M |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
What the 10-Ks show for each CEO's years
The CEO of each fiscal year as named in the proxy's pay versus performance table, and what the 10-Ks show for those years.
Hsu
- Operating cash flow
- $2.8B
- Capital spending
- $1.1B
- Buybacks
- $141.0M
- Dividends
- $1.7B
- Stock-based pay
- $140.0M
- Diluted shares since FY2024
- -1.1%
- Revenue since FY2024
- -2%
- Debt since FY2024
- -$250.0M
- CEO pay (reported)
- $15.3M
Buybacks, dividends and share count
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-12-31 | $141.0M | $1.7B | $140.0M | $40.0M | 333.20M |
| 2024-12-31 | $1.0B | $1.6B | $131.0M | $136.0M | 337.00M |
| 2023-12-31 | $225.0M | $1.6B | $169.0M | $97.0M | 338.80M |
| 2022-12-31 | $100.0M | $1.6B | $150.0M | $94.0M | 338.30M |
| 2021-12-31 | $400.0M | $1.5B | $26.0M | $65.0M | 338.80M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: buybacks = PaymentsForRepurchaseOfCommonStock; dividends = PaymentsOfDividendsCommonStock; sbc = ShareBasedCompensation; issuance = ProceedsFromStockOptionsExercised; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.