Share Buyback Transaction Details April 13 – April 19, 2023
20 April 2023 - 06:00PM
GlobeNewswire Inc.
Share Buyback Transaction Details April 13 – April 19, 2023
Share Buyback Transaction Details April 13 –
April 19, 2023
April 20, 2023 - Wolters Kluwer (Euronext:
WKL), a global leading provider of
expert solutions, insights and services for professionals,
today reports that it has repurchased 151,686 of its own
ordinary shares in the period from April 13, 2023, up to and
including April 19, 2023, for €18.1 million and at an average share
price of €119.58.
These repurchases are part of the share buyback program
announced on February 22, 2023, under which we intend to repurchase
shares for up to €1 billion during 2023.
The cumulative amounts repurchased to date under this program
are as follows:
Share Buyback 2023
Period |
Cumulative shares repurchased in period |
Total consideration(€ million) |
Average share price(€) |
2023 to date |
2,556,691 |
276.7 |
108.21 |
For the period starting February 24, 2023, up to and including
April 28, 2023, we have engaged a third party to execute €160
million of buybacks on our behalf, within the limits of relevant
laws and regulations (in particular Regulation (EU) 596/2014) and
the company’s Articles of Association.
Repurchased shares are added to and held as treasury shares and
will be used for capital reduction purposes or to meet obligations
arising from share-based incentive plans.
Further information is available on our website:
- Download the share buyback transactions excel sheet for
detailed individual transaction information.
- Weekly reports on the progress of our share repurchases.
- Overview of share buyback programs.
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in
professional information, software solutions, and services for the
healthcare, tax and accounting, financial and corporate compliance,
legal and regulator, and corporate performance and ESG sectors. We
help our customers make critical decisions every day by providing
expert solutions that combine deep domain knowledge with
specialized technology and services.
Wolters Kluwer reported 2022 annual revenues of €5.5 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 20,000
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and
are included in the AEX and Euronext 100 indices. Wolters Kluwer
has a sponsored Level 1 American Depositary Receipt (ADR) program.
The ADRs are traded on the over-the-counter market in the U.S.
(WTKWY).
For more information, visit www.wolterskluwer.com, follow
us on LinkedIn, Twitter, Facebook, and YouTube.
Media |
Investors/Analysts |
Gerbert van
Genderen Stort |
Meg Geldens |
Corporate
Communications |
Investor
Relations |
t + 31 172 641
230 |
t + 31 172 641
407 |
press@wolterskluwer.com |
ir@wolterskluwer.com |
Forward-looking Statements and Other Important Legal
InformationThis report contains forward-looking statements.
These statements may be identified by words such as “expect”,
“should”, “could”, “shall” and similar expressions. Wolters Kluwer
cautions that such forward-looking statements are qualified by
certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the
forward-looking statements. Factors which could cause actual
results to differ from these forward-looking statements may
include, without limitation, general economic conditions;
conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological
developments; the implementation and execution of new ICT systems
or outsourcing; and legal, tax, and regulatory rules affecting
Wolters Kluwer’s businesses, as well as risks related to mergers,
acquisitions, and divestments. In addition, financial risks such as
currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of
factors should not be construed as exhaustive. Wolters Kluwer
disclaims any intention or obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
This press release contains information which is to be made
publicly available under Regulation (EU) 596/2014.
- 2023.04.20 Share Buyback Transactions April 13 - 19 2023
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