Share Buyback Transaction Details May 18 – May 24, 2023
25 May 2023 - 06:00PM
GlobeNewswire Inc.
Share Buyback Transaction Details May 18 – May 24, 2023
Share Buyback Transaction
Details May
18 –
May 24,
2023
May 25,
2023 - Wolters
Kluwer (Euronext: WKL),
a global leading provider of
expert solutions, insights and
services for professionals, today
reports that it has
repurchased
150,530 of its own
ordinary shares in the period from May
18,
2023, up to and
including May
24,
2023, for
€16.3 million and at an average
share price of
€108.53.
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 |
3,221,709 |
352.0 |
109.25 |
For the period starting May 4, 2023, up to and including July
31, 2023, we have engaged a third party to execute €200 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 20,500
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 |
Paul Lyon |
Meg Geldens |
External
Communications |
Investor
Relations |
t + 44 20 3197
6586 |
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.
- 2023.05.25 Share Buyback Transactions May 18 - 24 2023
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