[Federal Register Volume 70, Number 117 (Monday, June 20, 2005)]
[Notices]
[Page 35465]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-3185]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 1-00225]


Issuer Delisting; Notice of Application of Kimberly-Clark 
Corporation To Withdraw Its Common Stock, $1.25 Par Value, Per Share, 
From Listing and Registration on the Pacific Exchange, Inc.

June 14, 2005.
    On May 25, 2005, Kimberly-Clark Corporation, a Delaware corporation 
(``Issuer''), filed an application with the Securities and Exchange 
Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $1.25 par value 
(``Security''), from listing and registration on the Pacific Exchange, 
Inc. (``PCX'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
---------------------------------------------------------------------------

    The Board of Directors (``the Board'') of the Issuer approved a 
resolution on April 28, 2005 to withdraw the Security from listing on 
PCX. The Board stated that the reason it decided to withdraw the 
Security from PCX is that the benefits of continued listing on PCX do 
not outweigh the incremental cost of the listing fees and 
administrative burden associated with listing on the exchange. In 
addition, the Board stated that it is desirable for the Issuer to 
remove its Security from PCX listing because of the modest volume of 
trading in the Security on PCX does not justify the expense and 
administrative time associated with remaining listed on PCX. The Issuer 
stated that the Security is currently traded on the New York Stock 
Exchange, Inc. (``NYSE''), the Issuer's principal listing exchange, and 
on the Chicago Stock Exchange, Inc. (``CHX'').
    The Issuer stated in its application that it has complied with 
applicable rules of PCX Rule 5.4(b) by providing PCX with the required 
documents governing the withdrawal of securities from listing and 
registration on PCX. The Issuer's application relates solely to the 
withdrawal of the Securities from listing on PCX and shall not affect 
its continued listing on CHX and NYSE or its obligation to be 
registered under Section 12(b) of the Act.\3\
---------------------------------------------------------------------------

    \3\ 15 U.S.C. 781(b).
---------------------------------------------------------------------------

    Any interested person may, on or before July 11, 2005 comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of PCX, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to [email protected]. Please include 
the File Number 1-00225 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.
    All submissions should refer to File Number 1-00225. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 
Comments are also available for public inspection and copying in the 
Commission's Public Reference Room. All comments received will be 
posted without change; we do not edit personal identifying information 
from submissions. You should submit only information that you wish to 
make available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\4\
---------------------------------------------------------------------------

    \4\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
[FR Doc. E5-3185 Filed 6-17-05; 8:45 am]
BILLING CODE 8010-01-P